Property Details
About this Property
Showing: Wednesday 7/16 3:30-4:30pm. 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.
MLS Listing Information
MLS #
EB41104844
MLS Source
Bridge MLS
Days on Site
2
Interior Features
Flooring
Other
Cooling
Other
Exterior Features
Roof
Other
Parking, School, and Other Information
Garage/Parking
Other, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Complex Amenities
Other
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 6 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 925 | 4 | 0/0 | – | – | – |
| 2 | 750 | 3 | 0/0 | – | – | – |
| 3 | 650 | 2 | 0/0 | – | – | – |
| 4 | 500 | 0 | 0/0 | – | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
8016 Macarthur Blvd is a Residential Income in Oakland, CA 94605. This 4,225 square foot property sits on a 9,998 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $995,000 and was built in 1938. This address can also be written as 8016 Macarthur Blvd, Oakland, CA 94605.
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This listing information is up-to-date as of July 15, 2025. For the most current information, please contact David Howarth, (510) 822-1331
