Bought with Derrick Gardner • OLBP
$1,650,000
$1,400,000
17.9%For more information regarding the value of a property, please contact us for a free consultation.
6921 MacArthur Blvd Oakland, CA 94605-2557
3 Beds
2 Baths
6,240 SqFt
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,240 sqft
Price per Sqft $264
MLS Listing ID MR41085057
Sold Date 04/21/25
Bedrooms 3
Originating Board Bridge MLS
Year Built 1951
Lot Size 0.303 Acres
Property Sub-Type Five or More Units
Property Description
Prime Oakland investment at 6921 & 6931 MacArthur Blvd features two adjacent fourplexes, each with two 1-bed/1-bath and two 2-bed/1-bath units, totaling eight units. Offering $15,000/month rental income with a 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 Gas, Wall Furnace
Cooling 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, Guest / Visitor Parking, Spaces per Unit - 1, Access - Side Yard
Garage Spaces 8.0
Building
Lot Description Grade - Sloped Up
Sewer Sewer - Public
Water Public
Others
Tax ID 39-3291-9
Special Listing Condition Not Applicable
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