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  • 8016 Macarthur Blvd

8016 Macarthur Blvd, Oakland, CA 94605

$895,000 Approx. USD 0 beds, 0 baths
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The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
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Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com
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Lic#: 01276603
NRDS ID: 187514104
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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
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Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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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: 9/26/2026

 Days On Market (DOM): 308

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Lat/Long: 37.764000, -122.165473.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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