6330-6334 Macarthur BLVD Pending

Oakland,CA 94605

$ 995000

10 Beds

4 Baths

3036 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,036 sqft

Price per Sqft $327

MLS Listing ID 425017678

Bedrooms 10

Full Baths 4

HOA Y/N No

Year Built 1941

Lot Size 6,128 Sqft

Acres 0.1407

Property Sub-Type Triplex

Property Description

Investors or owner-occupiers! Vacant two-bed/one bath separate cottage ready for owner move in or new lease up. Maximize your investment potential with this four unit property in Oakland's Millmont neighborhood. This income-producing property currently generates $6,030/month on the front house alone and has even more potential thanks to the newly renovated and vacant, detached 2-bed/1-bath cottage located at the back of the property. Proforma rent on this property is $8,600/month. Situated on a spacious lot with two buildings, the front structure consists of three units including a newly built, 2-bedroom/1 bath ADU garage conversion unit. There is also a spacious 4 bedroom/1 bathroom top floor unit, and an additional 2 bedroom/1 bathroom unit. Rent the cottage out and enjoy a 7% Cap Rate! Each unit enjoys designated parking, adding convenience for residents. With a prime location near major commuter routes, shopping, and dining, this property offers strong rental demand and endless possibilities for investors or owner-occupants looking to offset their mortgage.

Location

State CA

County Alameda

Area Oakland Zip 94605

Interior

Cooling None

Flooring Laminate

Fireplace No

Exterior

Utilities Available Separate Meters (See Remarks)

Roof Type Composition

Total Parking Spaces 4

Building

Lot Description Irregular Lot

Foundation Concrete

Water Meter on Site,Water District

New Construction No

Others

Tax ID 37A2739131

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