8016 Macarthur Blvd

Oakland, CA 94605

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 9998
    Sqft(Lot)
$995,000

Description

Showing: wednesday 7/16 3:30-4:30pm. 6-unit apartment complex with excellent current income and a market-leading cap rate over 10%. the current cap rate is 10.64% and the current grm is 6.53. the property is 100% occupied and offers an attractive unit mix of one 4bd/2bth unit, two 3bd/1bth units, two 2bd/1bth units, and one studio unit. the property was built in 1938, offers 4,225 square feet of rental space, and sits on an oversized 9,998 square foot lot, with a nice backyard area and ample parking. the property offers two mixed-use units in the front and four residential units in the back. the units are large and offer a variety of upgrades including newer kitchens and bathrooms, double pane windows, a newer roof, newer flooring, and more. the property is easy to manage and is separately metered for pg&e providing for low annual operating expenses. the exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. this is an attractive oakland location near mills college and a variety of restaurants and shopping options with easy access to downtown oakland, bart, hwy880 and hwy580.

  • Property Type

    Residential Income

  • County

    Alameda

  • Style

    Residential Income

  • AD ID

    50428649

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Cooling Features

    • See Remarks
    • Air Conditioning

    Heating Source

    • See Remarks
    • Has Heating

  • Building Information

    • Year Built: 1938
    • Construction: Other

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2295
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 9998

  • Listing Price Information

    • Original List Price: 995,000
    • Listing Contract Date: 2025-07-15

    Lease Information

  • Tax Information

    • Parcel Number: 40A342215

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood:
    • Directions: 82nd Ave left on MacArthur Blvd Cross Street: 82nd Ave.
    • Source Property Type: Residential Income
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 87
    • Structure Type: Apartment
    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 07/21/2025 @ 02:52

  • MLS: 41104844
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 9,998 sized lot, and 0 parking. are nearby neighborhoods.