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.
Property Details
Price:
$895,000
MLS #:
41118514
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
OAKLAND HILLS
Listed Date:
Dec 26, 2025
Lot Size:
9,998 sqft / 0.23 acres (approx)
Year Built:
1938
See this Listing
Schools
Interior
Cooling
SEE
Heating
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Exterior
Construction Materials
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Parking Spots
6
Financial
Map
Community
- Address8016 Macarthur Blvd Oakland CA
- SubdivisionOAKLAND HILLS
- CityOakland
- CountyAlameda
- Zip Code94605
Subdivisions in Oakland
- ALAMEDA
- ALLENDALE
- ARROYO PARK
- CENTRAL STATION-PACIFIC CANNERY LOFTS
- CLEVELAND HEIGHTS
- CLINTON
- CRESTMONT
- CROCKER HGHLANDS
- CROCKER/GLENVIEW
- DIMOND
- E OAKLAND
- EAST OAKLAND
- ELMHURST
- GLENVIEW
- HARRINGTON
- HIGHLAND PARK
- HILLER HIGHLANDS
- Hoover-Foster
- JACK LONDON
- KING ESTATES
- LAKESIDE
- LAS PALMAS
- LINCOLN HIGHLAND
- LOCKWOOD
- Longefellow
- LOWER ROCKRIDGE
- MACARTHUR
- MERRIEWOOD
- MILLMONT
- MONTCLAIR
- MOSSWOOD
- NOBE
- OAK CENTER
- OAK KNOLL
- OAKLAND
- OAKLAND HILLS
- OAKLAND ZOO
- PIEDMONT BORDER
- PRESCOTT
- Prescott South
- REDWOOD HEIGHTS
- RIDGEMONT
- ROCKRIDGE
- SAN ANTONIO
- SANTA FE
- SEQUOYAH HILLS
- TEMESCAL
- UPPER DIMOND
- UPPER LAUREL
- UPPER MILLSMONT
- UPPER ROCKRIDGE
- Uptown
- WEST OAK
- WEST OAKLAND
Market Summary
Current real estate data for Single Family in Oakland as of Jan 21, 2026
157
Single Family Listed
184
Avg DOM
464
Avg $ / SqFt
$969,713
Avg List Price
Property Summary
- Located in the OAKLAND HILLS subdivision, 8016 Macarthur Blvd Oakland CA is a Single Family for sale in Oakland, CA, 94605. It is listed for $895,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1938. The average price per square foot for Single Family listings in Oakland is $464. The average listing price for Single Family in Oakland is $969,713.
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