Key information
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Units 4
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Year Built 1952
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Average Unit Size 780
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Building Size 3,120
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Land Area (Sq Ft) 7,188
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Parking 4
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Separate Meters Gas, Electric, Water
Pricing Metrics
CAP Rate:
8.9%
GRM:
7.3
Price per Unit:
$175,000
Price per Square Foot:
$224
LORE Agent Insights
Prime Oakland investment at 6921 & 6931 MacArthur Blvd features two adjacent fourplexes, each with two 1-bed/1-bath and two 2-bed/1-bath units, totaling eight units. Offering $14,000/month rental income with a near 8% CAP rate, this turnkey asset delivers immediate cash flow. With separate parcels, they can be purchased individually or together, providing investors with flexibility in financing and portfolio growth. Located one mile from BART and near I-580 & I-880, tenants can enjoy seamless transit access to job centers, shopping, and dining. RU-4 zoning allows for future redevelopment or expansion, adding long-term value. With a low $175K per unit price point, this is a rare opportunity for investors seeking stable cash flow and strong appreciation potential.
Financial Summary
Gross Rents (Annual):
$90,000
Other Income:
$6,000
Expense Pass Through:
$0
Vacancy Reserve:
$6,720
Operating Expenses:
$26,776
Net Operating Income:
$62,504
Effective Gross Income:
$62,504
Disclaimer*
The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
Estimated Expenses
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Market Rents (Annual):
N/A
Rent Gap:
N/A
Property Tax Rate:
N/A
Property Tax (Base):
N/A
Other Program Fee:
N/A
Business License Fee:
N/A
Rent Board Fee:
N/A
Property Management:
N/A
Resident Manager:
N/A
Turnover Costs:
N/A
Property Tax (Additional Assessments):
N/A
Maintenance, Repairs, and Reserves:
N/A
Utilities
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Gas & Electricity N/A
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Other Utilities N/A
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Insurance N/A
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Landscaping N/A
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Pest Control N/A
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Garbage N/A
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Water & Sewer N/A
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Janitorial N/A
Rent Roll Object
Log in to view all information| Unit Mix | Tenant Status | Unit Size | Number of Units | Current Rent (Average) | Market Rent Estimate | Comments |
|---|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Listing Information
Listed By:
Joey Wang
Source:
bridgeMLS/CCAR/Bay East AOR
MLS:
41085058
