About 5229 Macarthur Blvd
Rare Oakland infill development opportunity directly across from Mills College at Northeastern University in the highly desirable Millsmont neighborhood. This property offers a compelling opportunity for investors, builders, LLCs, and developers seeking to create a long-term income-producing asset in one of the Bay Area’s supply-constrained housing markets. With potential for a duplex or custom residential development (buyer to verify), the property is strategically positioned near a built-in rental demand driver: • University faculty and staff • Graduate students, • Third and fourth year students approved for off-campus living, • East Bay commuters seeking convenient freeway access. The location offers: • Immediate proximity to campus • Quick access to I-580 and regional transportation • Close proximity to BART and AC Transit • Minutes to downtown Oakland, Berkeley, and San Francisco access points • Nearby parks, hiking trails, recreation, shopping, and dining Build-to-rent opportunities for developable land in established Oakland neighborhoods are becoming increasingly rare. For investors focused on long-term appreciation, rental income, and strategic location fundamentals, this property checks all the boxes.
Features of 5229 Macarthur Blvd
| MLS® # | 41135214 |
|---|---|
| Price | $250,000 |
| Bathrooms | 0.00 |
| Acres | 0.12 |
| Type | Land |
| Status | Active |
Community Information
| Address | 5229 Macarthur Blvd |
|---|---|
| Subdivision | MELROSE |
| City | Oakland |
| County | Alameda |
| Zip Code | 94619 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | Sloped Up |
|---|
Additional Information
| Date Listed | May 18th, 2026 |
|---|---|
| Days on Market | 133 |
| Zoning | R |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Mike Hreha |
|---|---|
| Office | Keller Williams Realty |