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$895,000

$4,400Reward *

8016 Macarthur Blvd, Oakland, CA 94605Listing ID 41104844

8016 Macarthur Blvd, Oakland, CA 94605

Active

EAST OAKL HILLS

Time on site: 365 days • Last updated: Oct 9, 2025

Property Type

Residential Income

Property Sub Type

Apartment

Acres

0.23

Days on Site

364

Cooling

See Remarks

Heating

See Remarks

Year Built

1938

Thursday 6-unit apartment complex with excellent current income and a market-leading cap rate at 11.97%. The property is 100% occupied and offers an attractive unit mix of one 4bd/2bth unit, two 3bd/1bth units, two 2bd/1bth units, and one studio unit. 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 nice backyard area and ample parking. The property offers two mixed-use units in the front and four residential units in the back. 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 exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is an attractive Oakland location near Mills College and a variety of restaurants and shopping options with easy access to Downtown Oakland, BART, HWY880 and HWY580.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

BMLS-R01360348

8016 Macarthur Blvd, Oakland, CA 94605

Market Report for 94605

Property Information

Property Details

Location

Interior Features

Heating and Cooling

Building

Building Information