Oakland, CA 94605,6646 Macarthur BLVD
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Oakland, CA 94605,6646 Macarthur BLVD
Oakland, CA 94605,6646 Macarthur BLVD
Oakland, CA 94605,6646 Macarthur BLVD
Oakland, CA 94605,6646 Macarthur BLVD
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$ 15,995,000
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6646 Macarthur BLVD Oakland, CA 94605

53,000 SqFt


UPDATED:

12/27/2024 11:52 PM

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


MetroList® Services, Inc (RESO)
Listed by Dream Home Real Estate & Home Loans
agent

Cynthia Ruiz

Agent | CA DRE#01209088

+1(209) 480-4578

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6646 Macarthur BLVD