Active

6638 Macarthur Boulevard

Oakland CA, 94605

$15,995,000


Active

Multi-family

Built in 1958

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.

224153527

MLS ID

December 27, 2024

Listed

December 30, 2024

Updated

Map

6638 Macarthur Boulevard
Oakland CA, 94605

Interior Features

Total Stories

3


Interior Features

Carpet, Tile, Wood


Laundry Description

Common Area


Floor Description

Carpet, Tile, Wood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Natural Gas, Electric

Exterior/Building Features

Lot Size

0.6 Acres


Sewer

Public Sewer

School Information

School District

Oakland Unified

Other Property Details

Garage

No


Parking Total

85


View

No


County

Alameda


Pool

No


Zoning

RM

Courtesy of Dream Home Real Estate & Home Loans, Dhruv Goswamy,
Listing Contact:  

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