Bought with Derrick Gardner • LA BAY PROPERTIES
$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
6,240 SqFt
Key Details
Sold Price $1,650,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,240 sqft
Price per Sqft $264
MLS Listing ID 41085057
Sold Date 04/21/25
HOA Y/N No
Originating Board Bridge AOR
Year Built 1951
Lot Size 0.303 Acres
Property Sub-Type 5 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
Interior
Heating Floor Furnace, Natural Gas, Wall Furnace, Hot Water
Cooling None
Flooring Hardwood, Tile, Wood
Fireplace No
Window Features Window Coverings
Appliance Gas Water Heater
Laundry Gas Dryer Hookup, Laundry Closet, In Unit, Washer/Dryer Hookups
Building
Lot Description 2 Houses / 1 Lot, Sloped Up
Water Public
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