7960 Macarthur Blvd, Oakland, CA 94605
Local realty services provided by:Better Homes and Gardens Real Estate Registry
7960 Macarthur Blvd,Oakland, CA 94605
$549,000
- 2 Beds
- 4 Baths
- 2,560 sq. ft.
- Single family
- Active
Listed by:dina williams
Office:redfin
MLS#:41097556
Source:CRMLS
Price summary
- Price:$549,000
- Price per sq. ft.:$214.45
About this home
A unique investment opportunity in the vibrant city of Oakland. This spacious 6250 sqft property offers incredible versatility due to its mixed-use zoning, allowing each of the four units to be used for either residential or commercial purposes such as retail or office space. In addition to the fourplex, the property includes a generously oversized 700 sqft garage/workshop, providing further flexibility. This property also holds significant potential for expansion. Currently, 2560 sqft is partially used as tenant and owner-occupied living space, with the remaining area offering the possibility of creating additional residential rental units or a substantial 3260 sq ft of leasable commercial space. Imagine the possibilities, the flexibility, and the profit potential this unique zoning can provide. This is a fantastic opportunity for both owner-occupiers and investors looking for immediate rental income and considerable future growth! Long Term Tenants to convey with sale. Three commercial spaces will be delivered vacant. Total actual rent: $1525/month ($1225 for the 2bd 1 bath.. $300 for the garage). As-Is sale. CASH or COMMERCIAL LOAN ONLY because of the mixed use zoning. Proforma for other units are $1000, $1000, and $1200 with potential CAP RATE of 6%
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Home facts
- Year built:1936
- Listing ID #:41097556
- Added:133 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:4
- Full bathrooms:1
- Half bathrooms:3
- Living area:2,560 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Shingle
- Year built:1936
- Building area:2,560 sq. ft.
- Lot area:0.14 Acres
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$549,000
- Price per sq. ft.:$214.45
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