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8016 MacArthur Blvd
Oakland, CA 94605 Middle East Oakland

$895,000 USD

Apartments For Sale  •  7,262 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,262 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1938
  • Cap Rate 12.49 %
56 Transit Score
74 Walk Score

Highlights

6-unit Mixed-Use with 12.49% Cap Rate
Four Residential Units and Two Retail Units with Excellent Cash Flow
Attractive Unit Mix of One 4bd/2bth Unit, Two 3bd/1bth Units, Two 2bd/1bth Units, and One Studio Unit
Stable Tenants with Strong Current Income, Separately Metered for Gas and Electric, with Low Annual Operating Expenses
Updated Units with Newer Kitchens, Bathrooms, Flooring, Custom Fixtures, and Double Pane Windows
Attractive Oakland Location Near Mills College with Easy Access to Downtown Oakland, San Leandro, HWY580, HWY880 and BART
Cap Rate: 12.49 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Microwave
  • Heating
  • Recycling
  • Smoke Free
  • Trash Pickup - Curbside
  • Refrigerator
  • Tub/Shower
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
12 min - 6.9 mi
17 min - 9.2 mi
AirportDriveWalkDistance
Metro Oakland International 11 min - 5.9 mi
San Francisco International 42 min - 30.9 mi
Norman Y Mineta San Jose International 47 min - 35.4 mi
David Howarth 510-822-1331 Pinza Group
David Howarth 510-822-1331 Pinza Group