7960 Macarthur Blvd, Oakland, CA 94605 - MLS#EB41097556

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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Dina Williams • Redfin

$ 449,000

Est. payment | -/mo

2 Beds

2.5 Baths

2,560 SqFt

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$ 449,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

2.5 Baths

2,560 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,560 sqft

Price per Sqft $175

MLS Listing ID EB41097556

Bedrooms 2

Full Baths 1

Half Baths 3

Year Built 1936

Lot Size 6,250 Sqft

Property Sub-Type Single Family Home

Source Bridge MLS

Property Description

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%

Location

State CA

County Alameda

Area Oakland Zip Code 94605

Rooms

Dining Room Other

Kitchen Dishwasher, Pantry, Oven Range, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Flooring Linoleum, Hardwood

Fireplaces Type None

Laundry In Laundry Room, Washer, Dryer

Exterior

Exterior Feature Stucco

Parking Features Detached Garage, Garage, Parking Area

Garage Spaces 3.0

Pool Pool - No, None

Roof Type Composition

Building

Lot Description Grade - Sloped Up

Story Two Story

Foundation Other

Sewer Sewer - Public

Water Public, Heater - Gas

Others

Tax ID 40A-342-220

Virtual Tour https://my.matterport.com/show/?m=kKcg9G6eoKn&brand=0&mls=1&

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

7960 Macarthur Blvd Oakland, CA 94605