• Macarthur Boulevard Oakland, CA 94605

  • $1,795,000

  • Bed(s)
  • 0
    Baths
  • 0
    Sq Ft

DESPERATE TO SELL! VERY MOTIVATED, QUICK SALE NEEDED 8% CAP 8.7 GRM 10% CASH ON CASH RETURN Rent Roll and T-12 in attached documents. This nostalgic 2-story property at 6716 MacArthur Blvd, Oakland, offers 6,840 rentable sq ft. It features 9 large units, including 8 two-bedroom/one-bathroom and 1 one-bedroom/one-bathroom, each with private baths and kitchens. Built in 1949, with a concrete perimeter foundation and wood exterior walls, the property includes 9 covered parking spaces. Highlights: 6 renovated units Separate gas + electric meters Individual hot water heaters 44% upside in current rents Permitted foundation and seismic updates New roof (2012) Coin-operated laundry for additional income Ideal for leveraging investment in the thriving Oakland market, this property presents an opportunity to increase returns. All information provided by owner and not verified by sellers brokerage

Property Type :

ResidentialIncome

County :

Alameda

Style :

ResidentialIncome

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Property Details

 

Water/Sewer

Sewer: Public Sewer

Interior Features

Laundry Features: Coin Operated

Flooring Information

Other

Heating & Cooling

Heating: Other

Cooling: None

Water Source: Public

Building Information

Year Built: 1949

Stories: 2

Construction: Concrete,Wood

Foundation Details: ConcretePerimeter

Exterior Features

Foundation Details: ConcretePerimeter

Laundry Features

Coin Operated

Lot Information

Lot Description: None

Lot Square Feet: 15,540

Property Information

Property Type: ResidentialIncome

Sub Type: 5 or More Units

Construction Materials: Concrete,Wood

Property Age: 75

Cross Street: MacArthur Blvd

Source Neighborhood: Oakland Zip 94605

Postal Code Plus 4: 2166

Area: Oakland S: 94605

Zoning: RM3

Structure Type: Apartments

Farm Info

Irrigation Source: None

Listing Price Information

Listing Id: 224005354

List Price: $1,795,000

Tax Information

Parcel Number: 037A-2755-023

Parking Information

Parking Total: 9

Covered

Homeowners Association Information

Association YN : No

Calculated Total Monthly Association Fees : $0

School Information

Elementary School District: Oakland Unified

Junior High School District: Oakland Unified

Senior High School District: Oakland Unified

Utility Information

Other

Location Information

Direction: Golf Links Rd to MacArthur

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ByOwner last updated this listing 05/21/2024 @ 22:39

MLS: 224005354
LISTED BY: Dhruv Goswamy, Dream Home Real Estate & Home Loans
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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