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8016 Macarthur Blvd, 
Oakland, CA 94605

$995,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

David Howarth

The Pinza Group, Inc

510-725-4775

Last updated:

August 5, 2025, 10:30 AM

MLS#

41104844

Source:

CRMLS

About This Home

8016 Macarthur Blvd

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.

Home Facts

Multi-Family

Built in 1938

Price Summary

995,000

MLS #:

41104844

Last Updated:

August 5, 2025, 10:30 AM

Added:

22 day(s) ago


Structure

Structure

Year Built:

1938


Lot

Lot Size (Sq. Ft):

9,997


Finances & Disclosures

Finances

Price:

$995,000

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Ambassador Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Ambassador Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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