1. California
2. Oakland
3. 8016 Macarthur Blvd

8016 Macarthur Blvd, Oakland, CA 94605

Property Description

6-unit apartment complex with excellent current income and a market-leading cap rate over 10%. The current cap rate is 10.64% and the current GRM is 6.53. 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.

Listing Status:

Active

Date Added:

July 15, 2025 at 05:00AM

Listing Office:

The Pinza Group, Inc : 510-725-4775

Listing Agent:

David Howarth : 510-822-1331

MLS ID:

41104844

Interior

• A/C: See Remarks
• Heating: See Remarks

Exterior

Construction

Location

Lot

Financial

This listing courtesy of David Howarth, The Pinza Group, Inc