Oakland, CA 94605,7960 Macarthur Blvd
Oakland, CA 94605,7960 Macarthur Blvd,Video Tour
Oakland, CA 94605,7960 Macarthur Blvd
Oakland, CA 94605,7960 Macarthur Blvd
Oakland, CA 94605,7960 Macarthur Blvd
Oakland, CA 94605,7960 Macarthur Blvd
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$ 449,000
Est. payment | /mo

2 Beds

2.5 Baths

2,560 SqFt


$ 449,000
Est. payment | /mo

2 Beds

2.5 Baths

2,560 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,560 sqft

Price per Sqft $175

Subdivision Eastmont Hills

MLS Listing ID 41097556

Bedrooms 2

Full Baths 1

Half Baths 3

HOA Y/N No

Year Built 1936

Lot Size 6,250 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

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%

Location

State CA

County Alameda

Interior

Interior Features Pantry

Heating Wall Furnace

Cooling None

Flooring Hardwood, Linoleum

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater

Laundry Dryer, Laundry Room, Washer

Exterior

Exterior Feature Yard Space

Garage Spaces 3.0

Pool None

Utilities Available Water/Sewer Meter on Site

Total Parking Spaces 3

Private Pool false

Building

Lot Description Sloped Up, Security Gate

Story 2

Foundation Other

Architectural Style See Remarks

Level or Stories Two Story

New Construction Yes

Others

Tax ID 40A342220

Virtual Tour https://my.matterport.com/show/?m=kKcg9G6eoKn&brand=0&mls=1&

Bridge MLS
Listed by Dina Williams • Redfin

GET MORE INFORMATION

agent
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

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7960 Macarthur Blvd