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2240 Macarthur Blvd
For Sale $2,750,000
$2,750,000
- 18 Units
- Unknown Sq Ft
- 5,700 Sq Ft
- Unknown Cap Rate
Description
This 18 unit multi-residential building plus 1 commercial storefront was built in 1927 and is located above the 580 Freeway in the bristling Dimond District neighborhood known for its wonderful restaurants, stores, local banks and access to public transportation. Well known Farmer Joe’s Marketplace on Fruitvale Avenue offers fresh produce and has a quality meat market. Nearby are Safeway Market, CVS, and several highly rated cafes. Local residents conveniently have nearly everything within living distance. There’s also carpooling at Fruitvale and Montana Street. Local Dimond Park on Fruitvale offers tennis courts, a pool, and a playground area for children. The property has been under long-term current ownership and has been maintained under professional property management for many years. Over the last 9 years several improvements have been completed. These improvements include exterior painting, seismic retrofitting, newer roof, newer water heater tank, and newer fire alarm system. Many of the apartments have been renovated including updated kitchens and baths. The heat to the building is provided through energy efficient boiler located in the basement. There are separate electric meters which are tenant expenses. There is one master water meter which is an owner expense.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,750,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1927 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 29A130424 |
| MLS # | 41105250 |
| Property ID | 321996537 |
| Lot Sqft | 5,700 |
| Zoning | Unknown |
| Total Units | 18 |
| Days on Market | 183 |
| Original List Price | $3,000,000 |
| Applicances | Gas Water Heater% |
| Date Updated | October 17, 2025 |
| Date Created | July 17, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Frank Hennefer an agent of LANDMARK REAL ESTATE MANAGEMENT. Lic #00852682
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 17, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT