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8016 Macarthur Blvd, Oakland, CA 94605

$895,000 Approx. USD 0 beds, 0 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

David Howarth | david@pinzagroup.com
Lic#: 01360348
Broker: Courtesy of The Pinza Group, Inc
Phone: 510-822-1331

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 41118514

Price: $895,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1938

0.23 acres

Lot size: 0.2295

Subdivision: OAKLAND HILLS

County: Alameda

Construction: See Remarks

Heating/cooling: See Remarks

Heating description: See Remarks

Last Updated: 6/24/2026

Days On Market (DOM): 204

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Lat/Long: 37.764000, -122.165473.
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