8016 Macarthur Blvd, Oakland, CA 94605
8016 Macarthur Blvd, Oakland, CA 94605
8016 Macarthur Blvd, Oakland, CA 94605
8016 Macarthur Blvd, Oakland, CA 94605
8016 Macarthur Blvd, Oakland, CA 94605
8016 Macarthur Blvd, Oakland, CA 94605
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Eric Boyenga

Eric Boyenga

+1(408) 506-3942
Listed by David Howarth, DRE #01360348 • The Pinza Group, Inc
$ 895,000
Est. payment | /mo

4,226 SqFt

Save
$ 895,000
Est. payment | /mo
Save

4,226 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 4,226 sqft

Price per Sqft $211

MLS Listing ID EB41118514

Year Built 1938

Lot Size 9,998 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

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 seeking max income or an owner-occupant seeking a variety of options with unbeatable cash flow to offset the mortgage.

Location

State CA

County Alameda

Area Oakland Zip Code 94605

Interior

Cooling Other

Flooring Other

Exterior

Exterior Feature Other

Parking Features Other

Garage Spaces 6.0

Roof Type Other

Building

Lot Description Other

Others

Tax ID 40A-342-215

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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NEARBY SCHOOL & BUSINESS

Eric Boyenga

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

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