Homes for sale - 7975 MacArthur Blvd, Oakland, CA 94605

Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Ryan Rodriguez • Colliers International

$4,240,000

Est. payment - /mo

27,232 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 27,232 sqft

Price per Sqft $155

MLS Listing ID BE41100822

Year Built 1955

Lot Size 0.806 Acres

Property Sub-Type Five or More Units

Source Bay East

Property Description

7975-8005 MacArthur Blvd comprises of 53 units presenting a unique and strategic opportunity for an investor to rapidly establish a substantial presence in Oakland. The asset offers investors a reliable and consistent revenue stream, driven by the growing demand for affordable housing in the East Oakland market. The asset benefits from exceptional connectivity to the Bay Area, with convenient access to the Coliseum BART Station, HWY 580, and close proximity to Oakland International Airport, allowing residents several transportation options and ease of access to key regions throughout the Bay. 7975-8005 MacArthur Blvd is located minutes from the historic Eastmont Town Center, a prominent shopping and social services hub. The town center features a diverse mix of anchor tenants, including CVS Pharmacy, Alameda County Social Services Agency, McDonald's, and LifeLong Medical Care Center, providing residents with convenient access to amenities and essential services. The asset features an exceptional unit mix with a particularly strong concentration of studio and one bedroom units. The portfolio's unit mix paired with strong demand for workforce housing ensures landlords benefit from natural turnover, minimizing loss-to-lease risks associated with the city's stringent rent control

Location

State CA

County Alameda

Area Oakland Zip Code 94621

Interior

Cooling None, Other

Flooring None, Other

Exterior

Exterior Feature None, Other

Parking Features No Parking, Other

Garage Spaces 28.0

Roof Type None,Other

Building

Lot Description Other

Sewer None

Water None, Other

Others

Special Listing Condition New, Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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7975 MacArthur Blvd Oakland, CA 94605

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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