
7960 Macarthur Blvd Oakland, CA 94605
Eastmont Hills NeighborhoodEstimated payment $3,476/month
Highlights
- Wood Flooring
- 3 Car Detached Garage
- Wall Furnace
- No HOA
- Security Gate
About This Home
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%
Co-Listing Agent
Patricia Ulip
License #01949834
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,948
Year Built
- Built in 1936
Lot Details
- 6,250 Sq Ft Lot
- Lot Sloped Up
Parking
- 3 Car Detached Garage
- Parking Lot
Home Design
- Flat Roof Shape
- Frame Construction
- Composition Shingle Roof
- Stucco
Interior Spaces
- 2-Story Property
- Security Gate
Kitchen
- Free-Standing Range
- Dishwasher
Flooring
- Wood
- Linoleum
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- No Cooling
- Wall Furnace
- Gas Water Heater
Community Details
- No Home Owners Association
- Eastmont Hills Subdivision
Listing and Financial Details
- Assessor Parcel Number 40A342220
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $11,948 | $520,199 | $226,807 | $293,392 |
2023 | $9,320 | $510,000 | $222,360 | $287,640 |
2022 | $8,596 | $470,000 | $150,000 | $320,000 |
2021 | $11,660 | $430,000 | $230,000 | $200,000 |
2020 | $8,634 | $504,900 | $234,600 | $270,300 |
2019 | $7,942 | $475,000 | $250,000 | $225,000 |
2018 | $2,075 | $48,482 | $22,625 | $25,857 |
2017 | $1,972 | $47,532 | $22,182 | $25,350 |
2016 | $1,811 | $46,600 | $21,747 | $24,853 |
2015 | $1,792 | $45,900 | $21,420 | $24,480 |
2014 | $1,680 | $45,001 | $21,000 | $24,001 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/11/2025 07/11/25 | Pending | -- | -- | -- |
06/28/2025 06/28/25 | Price Changed | $449,000 | -35.7% | $169 / Sq Ft |
05/15/2025 05/15/25 | For Sale | $698,000 | -- | $263 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Gift Deed | -- | Chicago Title | |
Grant Deed | -- | None Available | |
Grant Deed | $475,000 | First American Title Company | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $492,000 | New Conventional | |
Previous Owner | $391,000 | Unknown | |
Previous Owner | $400,000 | Purchase Money Mortgage |
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Source: bridgeMLS
MLS Number: 41097556

APN: 040A-3422-020-00
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