7960 Macarthur Blvd Oakland, CA 94605
Eastmont Hills NeighborhoodEstimated payment $3,921/month
Highlights
- No HOA
- Cooling Available
- Wall Furnace
- Detached Garage
- Tile Flooring
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!
Co-Listing Agent
Patricia Ulip
License #01949834
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,948
Year Built
- Built in 1936
Parking
- Detached Garage
Home Design
- Quadruplex
- Flat Roof Shape
- Frame Construction
- Composition Shingle Roof
- Stucco
Utilities
- Cooling Available
- Wall Furnace
Additional Features
- Tile Flooring
- 6,250 Sq Ft Lot
Community Details
- No Home Owners Association
- Oakland 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 |
|---|---|---|---|---|
| 2025 | $11,948 | $530,599 | $231,341 | $299,258 |
| 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 |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | Price Changed | $549,000 | 0.0% | $207 / Sq Ft |
| 09/12/2025 09/12/25 | For Sale | $549,000 | +22.3% | $207 / Sq Ft |
| 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 |
Source: bridgeMLS
MLS Number: 41097718
APN: 040A-3422-020-00
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Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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