8016 Macarthur Blvd Oakland, CA 94605
Eastmont Hills NeighborhoodEstimated payment $6,895/month
Total Views
318
--
Bed
--
Bath
4,225
Sq Ft
$236
Price per Sq Ft
About This Home
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 oversized 9,998 square foot lot, with a nice backyard area and ample parking. The property offers two mixed-use units in the front and four residential units in the back. The units are large and offer a variety of upgrades including newer kitchens and bathrooms, double pane windows, a newer roof, newer flooring, and more. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is an attractive Oakland location near Mills College and a variety of restaurants and shopping options with easy access to Downtown Oakland, BART, HWY880 and HWY580.
Listing Agent
David Howarth
The Pinza Group, Inc License #01360348 Listed on: 07/15/2025
Map
Property Details
Home Type
Condominium
Est. Annual Taxes
$16,605
Year Built
1938
Lot Details
0
Listing Details
- Property Sub Type: Apt Complex
- Property Type: COMM RI MULTI-UNITS 5+
- Co List Office Mls Id: OBPINZA
- Directions: 82nd Ave left on MacArthur Blvd
- Skirt: ["Other"]
- Special Features: None
- Year Built: 1938
Interior Features
- Other Equipment: Other
Garage/Parking
- Parking Features: Other
Utilities
- Cooling: Other
- Heating Yn: Yes
Condo/Co-op/Association
- Association Name: Bridge AOR
Lot Info
- Lot Size Sq Ft: 9998
Tax Info
- Tax Tract: 4072
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $16,605 | $522,252 | $348,168 | $174,084 |
| 2023 | $13,413 | $512,014 | $341,343 | $170,671 |
| 2022 | $9,427 | $501,975 | $334,650 | $167,325 |
| 2021 | $8,860 | $492,133 | $328,089 | $164,044 |
| 2020 | $8,636 | $487,089 | $324,726 | $162,363 |
| 2019 | $8,133 | $477,540 | $318,360 | $159,180 |
| 2018 | $10,536 | $468,180 | $312,120 | $156,060 |
| 2017 | $7,650 | $459,000 | $306,000 | $153,000 |
| 2016 | $4,823 | $260,255 | $101,160 | $159,095 |
| 2015 | $4,790 | $256,346 | $99,641 | $156,705 |
| 2014 | $4,770 | $251,325 | $97,689 | $153,636 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Sale | $995,000 | -- | $236 / Sq Ft |
Source: bridgeMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $252,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Financial Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $220,000 | Golden Bay Title Co | |
| Grant Deed | $27,000 | Golden Bay Title Co | |
| Grant Deed | $106,000 | Golden Bay Title Co | |
| Grant Deed | $32,500 | Golden Bay Title Co | |
| Grant Deed | $32,500 | Golden Bay Title Co | |
| Trustee Deed | $195,057 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $720,000 | Commercial | |
| Closed | $600,000 | New Conventional | |
| Closed | $375,000 | Commercial | |
| Previous Owner | $300,000 | Commercial | |
| Previous Owner | $193,649 | FHA | |
| Previous Owner | $193,650 | FHA | |
| Previous Owner | $195,000 | Commercial | |
| Closed | $25,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: bridgeMLS
MLS Number: 41104844
APN: 040A-3422-015-00
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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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