KAAJAL SHAHANI
Kaajalshahani Realtor
Phone: 510.304.6754
Phone:
43225 Mission Blvd., Fremont, CA 94539
Fax:

MLS# 41097556 – 7960 Macarthur Blvd, Oakland, CA 94605

$449,000 - 2Br/4Ba - for Sale in Eastmont Hills, Oakland
Price: $449,000
Beds: 2
Baths: 1 full, 3 half
Living Area SqFt: 2,560
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.14
Lot Size SqFt: 6,250
Year Built: 1936
Neighborhood: Eastmont Hills
Days on Website: 112

Courtesy of Dina Williams, Redfin

Property Description

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%

Open House

Property Details and Features

  • Appliances & Equipment
  • Appliances: “Dishwasher”, “Free-Standing Range”, “Refrigerator”, “Dryer”, “Washer”, “Gas Water Heater”
  • Bathrooms
  • 1 full bathroom
  • 1 total bathroom
  • Bedrooms
  • 2 bedrooms
  • Building
  • Construction Materials: “Stucco”, “Frame”
  • Living Area: 2560
  • Year Built: 1936
  • Level – Street: “No Steps to Entry”, “Other”
  • Cooling
  • Cooling: “None”
  • Floors
  • Flooring: “Hardwood”, “Linoleum”
  • Foundation
  • Foundation Details: “Other”
  • Garage
  • 3 garage spaces
  • Garage Included
  • Heating
  • Heating: “Wall Furnace”
  • Heating Included
  • Laundry
  • Features: “Dryer”, “Laundry Room”, “Washer”
  • Location
  • Subdivision Name: Eastmont Hills
  • Lot
  • Lot Features: “Sloped Up”, “Security Gate”
  • Lot Size Acres: 0.14
  • Lot Size Area: 6250
  • Lot Size Square Feet: 6250
  • Parcel Number: 40A342220
  • Parking
  • Parking Features: “Detached”, “Garage”, “Parking Lot”
  • Pool
  • Pool Features: “None”
  • Property
  • Property Condition: “Existing”
  • Property Sub Type: Single Family Residence
  • Roof
  • Roof: “Composition Shingles”, “Flat”
  • Utilities
  • Electric: “No Solar”
  • Water Source: “Public”
  • Home Owner’s Association
  • “No Transfer Fee”
  • Listing
  • Sale/rent: For Sale
  • $175 per square foot

Property Map

$449,000 – 7960 Macarthur Blvd, Oakland, CA 94605

Street View

Nearby Schools

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