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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 : ResidentialIncome

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

  • Heating & Cooling

    Has Heating: Yes Heating: See Remarks Has Cooling: Yes Cooling: See Remarks

  • Building Information

    Year Built: 1938
    Construction Materials: See Remarks
    Private Pool: No

  • Lot Information

    Main Square Feet: 9998 Lot Size Acres: 0.2295 Lot Size Square Feet: 9,998

    Property Information

    Subdivision: OAKLAND HILLS Source Property Type: Residential Income Property Age: 88

  • Listing Price Information

    Listing Price: $895000

  • Tax Information

    Parcel Number: 40A342215

  • Parking Information

    Parking Total: 6

  • Location Information

    Direction: Cross Street: 82nd Ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Fresno Street, Oakland, CA, 94605 $720,000 3 2 1,764 1,764 SqFt
Parker Avenue, Oakland, CA, 94605 $475,000 2 1 930 930 SqFt
77th Avenue, Oakland, CA, 94605 $565,000 3 1 877 877 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
85th Avenue, Oakland, CA, 94605 $424,900 2 1 806 806 SqFt
Michigan Ave, Oakland, CA, 94605 $499,999 2 2 1,318 1,318 SqFt
Sterling Drive, Oakland, CA, 94605 $950,000 3 2 1,806 1,806 SqFt
Ritchie Street, Oakland, CA, 94605 $775,000 3 2 1,308 1,308 SqFt
87th Avenue, Oakland, CA, 94605 $424,950 3 2 1,088 1,088 SqFt

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ByOwner last updated this listing 07/22/2026 @ 15:59

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

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