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About the Listing BMLS-OBORFN - BMLS-R02128591,BMLS-R01949834
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%
Listing Highlights for 7960 Macarthur Blvd
Status
Active
Days on Site
114
Property Type
Residential
MLS ®
41097556
Year Built
1936
Total Square Footage
2,560
Lot/Acreage
0.14
County
Alameda
Neighborhood
Eastmont Hills
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full / 3 Half
- Appliances: Gas Water Heater
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor: Wood,Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Up Slope from Street,No Land Lease
- Garage Capacity: 3 car
- Parking Spaces: 3
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 40A342220
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
7960 Macarthur Blvd Oakland, CA 94605
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