For more information regarding the value of a property, please contact us for a free consultation.
6931 MacArthur Blvd Oakland, CA 94605-2257
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $825,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41085060
Year Built 1951
Lot Size 6,006 Sqft
Property Sub-Type Quadruplex
Property Description
Prime Oakland investment at 6921 & 6931 MacArthur Blvd features two adjacent fourplexes, each with four 1-bed/1-bath and four 2-bed/1-bath units,totaling eight units. Offering $15,000/month rental income with an 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
Flooring Tile, Wood
Exterior
Parking Features Garage, Guest
Building
Lot Description Sloped Up, Yard
Sewer Public Sewer
Read Less
Bought with Derrick Gardner • LA BAY PROPERTIES