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Listed by: David Howarth (510) 822-1331 DRE #01360348 | The Pinza Group, Inc (510) 725-4775
$895,000
Monthly Est:$4,455
-- Bed
-- Bath
--sqft
8016 Macarthur Blvd, Oakland, CA 94605
$895,000
$4,455/moEst:
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Multi Family
Built in 1938
$-- HOA
9,998 sqft lot
--/sqft
Description
6-unit mixed-use building with excellent current income with a current cap rate of 12.49% and a current GRM of 5.70! The property offers two retail units in the front building and four residential units in the rear building. 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 huge backyard and ample parking. The front retail units have two tenants but can be delivered vacant at closing. The rear building offers one 4bd/2bth unit, one 3bd/1bth unit, and two 2bd/1bth units. The backyard is huge and offers the potential for expansion or ADU development. 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 tenants are nice, cooperative, and easy to manage making this an ideal property for an investor seeking max income or an owner-occupant seeking a variety of options with unbeatable cash flow to offset the mortgage.
- Houzeo last checked: 3 minutes ago
- Listing updated: October 31, 2026 at 10:47 pm
- Source: California Regional MLS-CA | MLS#: 41118514
This condo is in:
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1938
HOA Fees
-
Finished Area
- sqft
Lot Size
9,998 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41118514
MLS Status
Pending
Days on Market
339
Cumulative Days on Market
332
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
See Remarks
Cooling
See Remarks
Construction
Year Built
Year Built: 1938
Home type
Multi Family
Construction Materials
See Remarks
Other Features
Tenant Pays
Gas
Subdivision Name
Oakland Hills
Price History
| Date | Event | Price |
|---|---|---|
10/30/2026 Source: | Pending | $895,000 $0/sqft |
08/18/2025 Source: | Off Market | $895,000 $0/sqft |
08/18/2025 Source: | Listed for Sale | $895,000 $0/sqft |
08/11/2025 Source: | Price Decreased | $895,000 -10.05% $0/sqft |
07/14/2025 Source: | Listed for Sale | $995,000 $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 07, 2026, 04:15PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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