Oakland, CA 94605,8016 Macarthur Blvd
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Oakland, CA 94605,8016 Macarthur Blvd
Oakland, CA 94605,8016 Macarthur Blvd
Oakland, CA 94605,8016 Macarthur Blvd
Oakland, CA 94605,8016 Macarthur Blvd
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Sam And Eliza Othman

Sam And Eliza Othman

+1(951) 333-5100
$ 895,000
Est. payment /mo
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Active

8016 Macarthur Blvd Oakland, CA 94605

9,997 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Oakland Hills

MLS Listing ID 41118514

HOA Y/N No

Year Built 1938

Lot Size 9,997 Sqft

Property 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.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Total Parking Spaces 6

Others

Tax ID 40A342215

CRMLS – RECore
Listed by David Howarth The Pinza Group, Inc
Nearby Locations
SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    American Indian Public Charter

    Public | 5 - 8

  • 7

    Conservatory of Vocal/Instrumental Arts

    Public | KG - 8

  • 6

    Aspire Monarch Academy

    Public | KG - 5

  • 6

    Roosevelt Elementary

    Public | KG - 5

  • 5

    Greenleaf K-8 School

    Public | KG - 8

  • 5

    Urban Montessori Charter

    Public | KG - 8

  • 5

    Redwood Heights Elementary School

    Public | KG - 5

  • 5

    Burckhalter Elementary School

    Public | KG - 5

  • 4

    Melrose Leadership Academy

    Public | KG - 8

  • 4

    Lighthouse Community Charter

    Public | KG - 8

  • 4

    Acorn Woodland Elementary School

    Public | PK - 5

  • 4

    Esperanza Elementary School

    Public | KG - 5

  • 4

    Washington Elementary

    Public | KG - 5

  • 3

    Aspire Millsmont Academy

    Public | KG - 12

  • 2

    Laurel Elementary School

    Public | KG - 5

  • 2

    East Oakland Leadership Academy

    Public | KG - 8

  • 2

    EnCompass Academy

    Public | KG - 5

  • 2

    Madison Park Academy

    Public | KG - 5

  • 2

    East Oakland Pride Elementary School

    Public | KG - 5

  • 2

    Carl B. Munck Elementary School

    Public | KG - 5

Middle Schools 16
  • 8

    Aspire Lionel Wilson College Preparatory Academy

    Public | 6 - 12

  • 5

    Aspire Golden State College Preparatory Academy

    Public | 6 - 12

  • 5

    Bay Area Technology

    Public | 6 - 12

  • 4

    Coliseum College Prep Academy

    Public | 6 - 12

  • 4

    Madison Park Academy

    Public | 6 - 12

  • 1

    Bret Harte Middle School

    Public | 6 - 9

  • 1

    Roots International Academy

    Public | 6 - 8

  • 1

    Frick Middle School

    Public | 6 - 8

  • 1

    Elmhurst Community Prep

    Public | 6 - 8

  • 1

    Alliance Academy

    Public | 6 - 8

  • 1

    Bancroft Middle

    Public | 6 - 8

  • 0

    Fred Finch-Oakland Hills Academy

    Private | 8 - 12

  • 0

    Julia Morgan School for Girls

    Private | 6 - 8

  • 0

    Oakland Community Day Middle School

    Public | 6 - 8

  • 0

    Hillside Academy

    Public | 6 - 12

  • 0

    Stars High School

    Private | 7 - 12

High Schools 10
  • 9

    American Indian Public High School

    Public | 9 - 12

  • 8

    Lighthouse Community Charter High School

    Public | 9 - 12

  • 6

    Oakland Unity High School

    Public | 9 - 12

  • 6

    Lps Oakland R & D Campus

    Public | 9 - 12

  • 4

    Skyline High School

    Public | 9 - 12

  • 1

    Fremont High School

    Public | 9 - 12

  • 1

    Castlemont High School

    Public | 9 - 12

  • 1

    Rudsdale Continuation

    Public | 9 - 12

  • 0

    Community Day

    Public | 9 - 12

  • 0

    Bishop O Dowd High School

    Private | 9 - 12

School and business data provided by Attom Data.
Sam And Eliza Othman

Sam And Eliza Othman

Broker Associate | License ID: 00928035 - 00961200

+1(951) 333-5100

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8016 Macarthur Blvd