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.

Property details

Year built

1938

Property type

Residential Income

Lot size

9,998 sqft

Location

8016 Macarthur Blvd • Oakland, CA 94605

More homes for sale and rent in Oakland, CA →

Listed by

David Howarth · The Pinza Group, Inc

Similar Listings

Recent sales near 8016 Macarthur Blvd

8227 Ney Avenue: Sold $685,000 · 2 bd · 2 ba · 1,689 sqft · Jul 2026 · 0.1 mi
eXp Realty of California Inc | DRE #02034560
Buyer's agent: Victor Martinez Gutierrez | DRE #01933347
8115 Iris St: Sold $380,000 · 2 bd · 2 ba · 1,095 sqft · Jun 2026 · 0.2 mi
Compass | DRE #01456712
Buyer's agent: Wai Chen Cheung, Compass | DRE #02061313
2920 76th AVE: Sold $550,000 · 2 bd · 1 ba · 1,401 sqft · Jul 2026 · 0.3 mi
Stafford Real Estate | DRE #01207716
Buyer's agent: Nicholas Bolen, eXp Realty of California Inc | DRE #02018103
2256 83Rd Ave: Sold $880,000 · Aug 2026 · 0.4 mi
Keller Williams Realty | DRE #01890931
Buyer's agent: Otis White, eXp Realty of California, Inc | DRE #02134236
2517 79th Ave: Sold $460,000 · 2 bd · 1 ba · 836 sqft · Aug 2026 · 0.4 mi
Sequoia Real Estate | DRE #02075122
Buyer's agent: Carmen Bara Roque, EXP Realty of California, Inc | DRE #01515227
7523 Outlook Ave: Sold $989,000 · 7 bd · 3 ba · 3,376 sqft · Jul 2026 · 0.4 mi
Red Oak Realty | DRE #02034258
Buyer's agent: Geraldine Ramirez, Bay City Real Estate Group | DRE #01502602
7523 Outlook Ave: Sold $989,000 · Jul 2026 · 0.4 mi
Red Oak Realty | DRE #02034258
Buyer's agent: Geraldine Ramirez, Bay City Real Estate Group | DRE #01502602
2233 85th Ave: Sold $395,000 · 2 bd · 2 ba · 1,241 sqft · Aug 2026 · 0.4 mi
Main Source Real Estate | DRE #02067600
Buyer's agent: Yolanda Espinoza-Munoz, Home America Realty | DRE #01379978

Closed sales reported in 94605, nearest first, last 12 months. All recent sales in Oakland →

Residential Income - 8016 Macarthur Blvd, Oakland, CA