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7960 Macarthur Blvd
For Sale $549,000 ($214.45 per Sq Ft)
$549,000 ($214.45 per Sq Ft)
- 2 Bedrooms
- 4 Bathrooms
- 2,560 Sq Ft
- 6,250 Sq Ft
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%
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $549,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 2,560 |
| Number of Stories | 0 stories |
| Parking Spots | 3 spots |
| Year Built | 1936 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 40A342220 |
| MLS # | 41097556 |
| Property ID | 321802277 |
| Lot Sqft | 6,250 |
| Zoning | Unknown |
| Days on Market | 206 |
| Original List Price | $698,000 |
| Applicances | Gas Water Heater,Dryer,Washer% |
| Date Updated | September 18, 2025 |
| Date Created | May 15, 2025 |
Listing Provided By
Dina Williams an agent of Redfin. Lic #02128591
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 18, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT