Views
Address
7004 Macarthur Blvd Oakland, CA
Price
$ 5,899,000
Property Attributes
  • ML#40871573
  • TypeMulti-Family
  • CountyALAMEDA
  • CityOakland
  • AreaOakland Zip Code 94605
  • Zip94605
  • StyleLowrise (1-3 Flrs)
  • Year Built1960
  • Taxes95690
  • Price$ 5,899,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage25992
  • Lot Size0.81 Acres
Listing Provided Courtesy Of:
Bert Aranda with Ind Rlty-DeMattei & Assoc.
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 $47,547 with an additional $1,000 for an existing rooftop antenna. Approximately 30% rental upside potential. The building has a laundry room with 4 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.

Price History
6/24/2019 Listed $6,120,000
2/17/2020 4% - $5,899,000

General Features

Age 60
Laundry Coin Operated, In Laundry Room, Laundry Equip - Owned

Exterior Features

Apx Lot Sq Ft 35221
Lot Size Area 0.81

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 94605

Price
AVG $1.95M
$5.9M
Taxes
AVG $42,856
$95,690
Visits
AVG 66
208
Year Built
AVG 1948
1960
Walkscore
AVG 75
78
Data Provided by Walkscore ® not using MLS data

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