1. California
  2. Oakland
  3. 7960 Macarthur Blvd
$449,000

7960 Macarthur Blvd, Oakland, CA 94605

  • 2 beds |
  • 4 baths |
  • 2,560 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1936
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $175/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

A unique investment opportunity in the vibrant city of Oakland. This spacious 6250 sqft property offers incredible versatility due to its mixed-use zoning, allowing each of the four units to be used for either residential or commercial purposes such as retail or office space. In addition to the fourplex, the property includes a generously oversized 700 sqft garage/workshop, providing further flexibility. This property also holds significant potential for expansion. Currently, 2560 sqft is partially used as tenant and owner-occupied living space, with the remaining area offering the possibility of creating additional residential rental units or a substantial 3260 sq ft of leasable commercial space. Imagine the possibilities, the flexibility, and the profit potential this unique zoning can provide. This is a fantastic opportunity for both owner-occupiers and investors looking for immediate rental income and considerable future growth! Long Term Tenants to convey with sale. Three commercial spaces will be delivered vacant. Total actual rent: $1525/month ($1225 for the 2bd 1 bath.. $300 for the garage). As-Is sale. CASH or COMMERCIAL LOAN ONLY because of the mixed use zoning. Proforma for other units are $1000, $1000, and $1200 with potential CAP RATE of 6%

Listing Status:
Active
Date Added:
May 15, 2025 at 05:00AM
Listing Office:
Redfin : 877-973-3346
Listing Agent:
Dina Williams : 510-612-0520
MLS ID:
41097556
  • General: Pantry
  • Appliances: DishwasherFree-Standing RangeRefrigeratorDryerWasherGas Water Heater
  • Laundry: DryerLaundry RoomWasher
  • Flooring: HardwoodLinoleum
  • A/C: None
  • Heating: Wall Furnace
  • Fireplace: Fireplaces: 0

This listing courtesy of Dina Williams, Redfin

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Park Elementary School

7929 Ney Ave, Oakland, CA, 94605

Grades KG-8

0.07 miles away

P

Park Elementary School

7929 Ney Ave, Oakland, CA, 94605

Grades KG-8

0.07 miles away

C

Castlemont High School

8601 MacArthur Blvd, Oakland, CA, 94605

Grades 9-12

0.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.