Bought with Derrick Gardner • OLBP
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6931 MacArthur Blvd Oakland, CA 94605-2257
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Key Details
Sold Price $825,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $264
MLS Listing ID MR41085060
Sold Date 04/21/25
Bedrooms 6
Year Built 1951
Lot Size 6,008 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
Prime Oakland investment at 6921 & 6931 MacArthur Blvd features two adjacent fourplexes, each with four 1-bed/1-bath and four 2-bed/1-bath units,totaling eight units. Offering $15,000/month rental income with an 8.2% CAP rate, this turnkey asset delivers immediate cash flow. With separate parcels, they can be purchased individually or together, providing investors with flexibility in financing and portfolio growth. Located one mile from BART and near I-580 & I-880, tenants can enjoy seamless transit access to job centers, shopping, and dining. RU-4 zoning allows for future redevelopment or expansion, adding long-term value. With a low $175K per unit price point, this is a rare opportunity for investors seeking stable cash flow and strong appreciation potential.
Location
State CA
County Alameda
Area Oakland Zip Code 94605
Interior
Heating Floor Furnace , Gas, Wall Furnace
Cooling Air Conditioning - None
Flooring Tile, Wood, Hardwood
Laundry Gas Hookup, In Closet, Laundry Area - In Unit, Hookup - Washer/Dryer
Exterior
Exterior Feature Concrete, Stucco, Siding - Wood
Parking Features Detached Garage, Garage, Guest / Visitor Parking, Spaces per Unit - 1, Access - Side Yard
Garage Spaces 4.0
Building
Lot Description Grade - Sloped Up
Sewer Sewer - Public
Water Public, Heater - Gas
Others
Tax ID 39-3291-9
Special Listing Condition Not Applicable
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