7004 Macarthur Blvd

    Oakland, CA 94605
    • $6,120,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: BE40871573
    UPDATED: 85 min ago
    $6,120,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    The Bay View Apartments is a 36 unit complex built in 1960 consisting of 2 separate buildings comprised of 25,992 square feet situated on a 35,221 square foot lot. The property is fully occupied and is made up of twenty-two 2bd/1ba and fourteen 1bd/1ba units generating a monthly rental income of $46,663 with an additional $1,000 for an existing rooftop antenna. Approximately 30% rental upside potential. The building has a laundry room with 3 washers and 3 dryers for added income and 36 off-street parking spaces that include 8 covered spaces. The property boast a secure, gated entry and video surveillance camera. Recent improvements include new exterior paint, stairway repairs and some units with new flooring, interior paint, fixtures and updated kitchen and bathrooms. The property is located near Eastmont Mall and close proximity to I-580, I-880 and Coliseum BART Station.

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    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-07-22T19:48:54.11. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
    www.strockrealestate.com/homes/96232793

    7004 Macarthur Blvd Oakland, CA 94605

    • Price: $6,120,000
    • Status: Active
    • Updated: 85 min ago
    • ID#: BE40871573
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1960
    Built
    Neighborhood:
    Oakland Zip Code 94605
    County:
    Alameda
    Area:
    Oakland Zip Code 94605
    Property Description
    The Bay View Apartments is a 36 unit complex built in 1960 consisting of 2 separate buildings comprised of 25,992 square feet situated on a 35,221 square foot lot. The property is fully occupied and is made up of twenty-two 2bd/1ba and fourteen 1bd/1ba units generating a monthly rental income of $46,663 with an additional $1,000 for an existing rooftop antenna. Approximately 30% rental upside potential. The building has a laundry room with 3 washers and 3 dryers for added income and 36 off-street parking spaces that include 8 covered spaces. The property boast a secure, gated entry and video surveillance camera. Recent improvements include new exterior paint, stairway repairs and some units with new flooring, interior paint, fixtures and updated kitchen and bathrooms. The property is located near Eastmont Mall and close proximity to I-580, I-880 and Coliseum BART Station.
    Exterior Features

    Exterior Stucco Garage Parking Off-Site ParkingParking AreaAssigned SpacesSpaces Per Unit - 1 Lot Description Grade - Sloped Down Roof Other Units In Complex Max 36 View City Lights

    Interior Features

    Additional Rooms Basement - Storage Area Baths Unit1 1.00 Baths Unit2 1.00 Beds Unit1 2 Beds Unit2 1 Cooling Ceiling Fan Flooring LaminateLinoleumTileCarpet - Wall To Wall Heating Wall Furnace Laundry Laundry Facility - Coin-OpIn Laundry RoomWasher/Dryer - Owned Max Building Height 3 Min Building Height 1 Structure Sq Ft 25992

    Property Features

    Additional Listing Info Not Applicable Amenities Balcony/Patio City Name Oakland Communications Cable Tv - Wired Cross Street 69th Lot Size Area Maximum 35221.00 Meters Separate ElectricSeparate Gas Rent Unit1 1415 Rent Unit2 1414 Security Features Security Building Sewer Septic Sewer - Public Water Heater - GasPublic

    © 2019 MLSListings Inc. All rights reserved. Listing provided courtesy of Bert Aranda of Ind Rlty-Demattei & Assoc.


    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-07-22T19:48:54.11. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
     
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