8016 Macarthur Blvd, Oakland, CA 94605

Oakland
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
8016 Macarthur Blvd,Oakland, CA 94605
$895,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: david howarth
Office: the pinza group, inc510-725-4775
MLS#:41118514
Source:CRMLS

Price summary

  • Price:$895,000

About this home

6-unit mixed-use building with excellent current income with a current cap rate of 12.49% and a current GRM of 5.70! The property offers two retail units in the front building and four residential units in the rear building. 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 huge backyard and ample parking. The front retail units have two tenants but can be delivered vacant at closing. The rear building offers one 4bd/2bth unit, one 3bd/1bth unit, and two 2bd/1bth units. The backyard is huge and offers the potential for expansion or ADU development. 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 tenants are nice, cooperative, and easy to manage making this an ideal property for an investor...

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Home facts

  • Year built:1938
  • Subdivision & Development:OAKLAND HILLS
  • Listing ID #:41118514
  • Added:485 day(s) ago
  • Updated:November 13, 2026 at 09:27 AM

Structure and exterior

  • Year built:1938
  • Lot area:0.23 Acres

Finances and disclosures

  • Price:$895,000

Parking

  • Total parking spaces:6
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