1

Eastmont Hills Condo for Sale

Section Image
  • /25

    $995,000

    • 4,225 Sq Ft

    8016 Macarthur Blvd, Oakland, CA 94605

    6-unit apartment complex with excellent current income and a market-leading cap rate over 10%. The current cap rate is 10.64% and the current GRM is 6.53. The property is 100% occupied and offers an attractive unit mix of one 4bd/2bth unit, two 3bd/1bth units, two 2bd/1bth units, and one studio unit. The property was built in 1938, offers 4,225 square feet of rental space, and sits on an

    David Howarth The Pinza Group, Inc

    8016 Macarthur Blvd, Oakland, CA 94605

Why Live in Eastmont Hills

Eastmont Hills in Oakland offers suburban-style living with scenic views of both the San Francisco Bay and distant ridges. This neighborhood, located on the city’s east side, features a mix of early 20th-century bungalows and ranch-style homes, as well as Mediterranean Revivals and modern designs. Many homes have been remodeled with open floor plans and modern amenities. The area is known for its hilly terrain and natural landscaping, including fruit trees and native plants. Residents enjoy proximity to green spaces like King Estate Open Space Park, which offers hiking trails and wildlife sightings, and Burkhalter Park, which has a playground, baseball diamond, and basketball courts. For shopping, Gazzali’s Supermarket is just a mile away, and Safeway and Farmer Joe’s Marketplace are a short drive up Warren Freeway. Quality Donuts, a local favorite, provides a taste of the neighborhood’s charm. Eastmont Hills is conveniently located near Interstate 580, making it about a 10-mile drive to downtown Oakland. The neighborhood is served by the Oakland Unified School District, though the schools in the area have average ratings.

Home Trends in Eastmont Hills, CA

Housing Trends

Median Sale Price
$730,819
Median Single Family Sale Price
$504,950
Median 2 Bedroom Sale Price
$308,000
Average Price Per Sq Ft
$248
Number of Homes for Sale
2
Last 12 months Home Sales
30
Months of Supply
0.80
Median List Price
$775,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
157%
How to Buy a Home How to Finance a Home How to Sell a Home