For more information regarding the value of a property, please contact us for a free consultation.
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
Read Less Info
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
Bought with Derrick Gardner • LA BAY PROPERTIES
GET MORE INFORMATION
Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692