Active

8016 Macarthur Blvd

Oakland, CA 94605
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Bed 0

Bed

Bath 0

Bath

SqFt9,998

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $895,000

AD Id : 70181361

MLS Id : 41118514

Lot Size : 9,998 Sqft

Year Built : 1938

County : Alameda

Subdivision: Fallbrook

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Cooling Features

    See Remarks Air Conditioning

    Heating Source

    See Remarks Has Heating

  • Building Information

    Year Built: 1938 Construction: See Remarks

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2295
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 9998

  • Listing Price Information

    Original List Price: 895,000 Listing Contract Date: 2025-12-02

  • Tax Information

    Parcel Number: 40A342215

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Directions: Cross Street: 82nd Ave. Source Property Type: Residential Income
  • Building and Construction

    Property Age: 88 Year Built Source: Vendor Enhanced
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Sterling Drive, Oakland, CA, 94605 $950,000 3 2 1,806 1,806 SqFt
Parker Avenue, Oakland, CA, 94605 $475,000 2 1 930 930 SqFt
Fleming Avenue, Oakland, CA, 94605 $775,000 4 2 1,999 1,999 SqFt
Ritchie Street, Oakland, CA, 94605 $695,000 3 2 1,308 1,308 SqFt
57th Avenue, Oakland, CA, 94605 $925,000 3 2 1,341 1,341 SqFt
Ritchie Street, Oakland, CA, 94605 $775,000 3 2 1,308 1,308 SqFt
77th Avenue, Oakland, CA, 94605 $565,000 3 1 877 877 SqFt
Buena Ventura Avenue, Oakland, CA, 94605 $800,000 2 1 1,537 1,537 SqFt
68th Ave, Oakland, CA, 94605 $525,000 3 2 1,293 1,293 SqFt
Ney, Oakland, CA, 94605 $722,900 2 1 1,025 1,025 SqFt

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ByOwner last updated this listing 06/06/2026 @ 18:01

MLS: 41118514 LISTED BY: David Howarth, The Pinza Group, Inc 510-725-4775 SOURCE: CRMLS

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