8016 Macarthur Blvd, Oakland, CA 94605
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
8016 Macarthur Blvd,Oakland, CA 94605
$895,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:david howarth
Office:the pinza group, inc
MLS#:41104844
Source:CRMLS
Price summary
- Price:$895,000
About this home
Showing: Thursday 10/2 from 2:00-3:00pm. Thursday 6-unit apartment complex with excellent current income and a market-leading cap rate at 11.97%. 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.
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Home facts
- Year built:1938
- Listing ID #:41104844
- Added:77 day(s) ago
- Updated:October 01, 2025 at 01:46 AM
Structure and exterior
- Year built:1938
- Lot area:0.23 Acres
Finances and disclosures
- Price:$895,000
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