$895,000
 $4,805 est/mo Sourced by Back At You

8016 Macarthur Blvd,Oakland, CA 94605

Oakland, CA 94605

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Description

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.

Details

MLS #41118514
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1938
Days On Site267
Listing Provided ByThe Pinza Group, Inc | David Howarth

Features

Units6
Acreage0.23

Interior

CoolingSee Remarks
HeatingSee Remarks
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

Construction MaterialsSee Remarks

Area Information

StateCA
CountyAlameda
CityOakland
Zip Code94605
Community NameOAKLAND HILLS
Sourced by Back At You

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StateCA
CountyAlameda
CityOakland
Zip Code94605
Community NameOAKLAND HILLS
Sourced by Back At You
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Listing Updated: August 21, 2026 at 10:34:03 PM PDT