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$ 1,650,000
$ 1,400,000 17.9%
Est. payment | /mo
0.3 Acres Lot
$ 1,650,000
$ 1,400,000 17.9%
Est. payment | /mo
0.3 Acres Lot
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41085057
Sold Date 04/21/25
HOA Y/N No
Year Built 1951
Lot Size 0.303 Acres
Property Description
Prime Oakland investment at 6921 & 6931 MacArthur Blvd features two adjacent fourplexes, each with two 1-bed/1-bath and two 2-bed/1-bath units, totaling eight units. Offering $15,000/month rental income with a 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
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Total Parking Spaces 8
Building
Lot Description Sloped Up
Others
Tax ID 3932919
Financing Conventional
Listed by Joey Wang • Keller Williams Realty
Bought with Derrick Gardner • LA BAY PROPERTIES
Bought with Derrick Gardner • LA BAY PROPERTIES
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692