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8016 Macarthur Blvd
For Sale $895,000
$895,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 9,998 Sq Ft
Description
Thursday 6-unit apartment complex with excellent current income and a market-leading cap rate at 11.97%. 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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $895,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 6 spots |
| Year Built | 1938 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 40A342215 |
| MLS # | 41104844 |
| Property ID | 321983910 |
| Lot Sqft | 9,998 |
| Zoning | Unknown |
| Total Units | 6 |
| Days on Market | 160 |
| Original List Price | $995,000 |
| Date Updated | October 08, 2025 |
| Date Created | July 15, 2025 |
Listing Provided By
David Howarth an agent of . Lic #01360348
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 08, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT