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8016 Macarthur Blvd Oakland, CA 94605

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For Sale
$895,000

Six-unit mixed-use property with high income and expansion potential.

Type:Investment
Property size:
4,225 SF
Lot size:
0.23 Acres
Added:
Apr 24, 2026
Days on Market:
3
Last Refresh:
Apr 24 at 4:11 pm

Property Features for 8016 Macarthur Blvd

General Information

Standard status
Active
Size
4,225 SF
Lot size
0.23 Acres
Property subtype
Investment

Building Details

Year Built
1938

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Listing Contact
David Howarth

Listing agent David Howarth License #01360348

Listing office THE PINZA GROUP, INC

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of THE PINZA GROUP, INC


Overview

Mixed-Use Building with High Income

This six-unit mixed-use building presents an opportunity for investors or owner-occupants. Constructed in 1938, the property features two retail units in the front building and four residential units in the rear building. The property provides 4,225 square feet of rental space on a 9,998 square foot lot, which includes a large backyard and ample parking. The front retail units have two tenants and can be delivered vacant at closing. The rear building contains one 4-bedroom, 2-bathroom unit, one 3-bedroom, 1-bathroom unit, and two 2-bedroom, 1-bathroom units. The backyard offers potential for expansion or additional dwelling unit (ADU) development. Upgrades include newer kitchens and bathrooms, double pane windows, newer roofing, and newer flooring. The property is separately metered for PG&E, contributing to low annual operating expenses. The property has a current cap rate of 12.49% and a current GRM of 5.70. The location has a walk score of 61, indicating it is somewhat walkable, a transit score of 53, indicating good transit options, and a bike score of 24, indicating it is somewhat bikeable.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Oakland
County
Alameda
State
California
Longitude
-122.165466
Latitude
37.764011

FAQs

What type of property is this?
Mixed-use property - Six-unit mixed-use property with high income and expansion potential.
Where is this mixed-use property located?
The property is located at 8016 Macarthur Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Excellent current income with a **12.49% cap rate** and a **5.70 GRM**.; Two retail units can be delivered vacant at closing, offering flexibility.; **Oversized 9,998 sq ft lot** with a huge backyard offering potential for expansion or ADU development.
More about this property
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