8016 Macarthur Blvd
Oakland, CA, 94605
$995,000
Beds
0 Baths
SqFt
0.23 Acres
Add
6-unit apartment complex with excellent current income and a market-leading cap rate over 10%. The current cap rate is 10.64% and the current GRM is 6.53. 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.

Property Details

Price:
$995,000
MLS #:
41104844
Status:
Active
Baths:
0
Address:
8016 Macarthur Blvd
Type:
Residential Income
Subtype:
Apartment
City:
Oakland
Listed Date:
Jul 15, 2025
State:
CA
ZIP:
94605
Lot Size:
9,998 sqft / 0.23 acres (approx)
Year Built:
1938
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Cooling
See Remarks
Heating
See Remarks

Exterior

Parking Spots
6.00

Financial

Association Fee
0.00

Map

Community

Similar Listings Nearby

8016 Macarthur Blvd
Oakland, CA