6646 Macarthur BLVD new Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94605
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 53,000 sqft
Price per Sqft $301
MLS Listing ID 224153527
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1958
Lot Size 0.597 Acres
Acres 0.5969
Property Description
Exceptional investment opportunity in the highly desirable Millsmont area of Oakland! This 81-unit apartment building offers outstanding cash flow with significant upside potential. The property provides an incredible opportunity for investors to increase rents over time and further enhance returns. A unique highlight of this property is the Subject To loan of $10.5M at an attractive 3.1% interest rate, due in December 2031, allowing you to maximize immediate cash flow. This feature offers a rare advantage in today's market, making it an ideal choice for savvy investors. Don't miss this chance to own a premium asset in a prime location with excellent long-term growth potential. Contact us today for more information!
Location
State CA
County Alameda
Area Oakland Zip 94605
Direction Follow I-580 W to Golf Links Rd in Oakland. Take exit 29 from I-580 W. Follow Golf Links Rd to MacArthur Blvd
Interior
Heating Electric,Gas
Cooling None
Flooring Carpet,Tile,Wood
Laundry Coin Operated
Exterior
Parking Features Uncovered
Utilities Available None
Water Access Desc Meter Available
Total Parking Spaces 85
Building
Lot Description None
Story 1
Foundation Concrete, Slab
Sewer Public Sewer
Water Meter Available
Schools
Elementary Schools Oakland Unified
Middle Schools Oakland Unified
High Schools Oakland Unified
School District Alameda
Others
Senior Community No
Tax ID 037A-2755-026
Special Listing Condition None