A unique investment opportunity in the vibrant city of Oakland. This spacious 6250 sqft property offers incredible versatility due to its mixed-use zoning, allowing each of the four units to be used for either residential or commercial purposes such as retail or office space. In addition to the fourplex, the property includes a generously oversized 700 sqft garage/workshop, providing further flexibility. This property also holds significant potential for expansion. Currently, 2560 sqft is partially used as tenant and owner-occupied living space, with the remaining area offering the possibility of creating additional residential rental units or a substantial 3260 sq ft of leasable commercial space. Imagine the possibilities, the flexibility, and the profit potential this unique zoning can provide. This is a fantastic opportunity for both owner-occupiers and investors looking for immediate rental income and considerable future growth! Long Term Tenants to convey with sale. Three commercial spaces will be delivered vacant. Total actual rent: $1525/month ($1225 for the 2bd 1 bath.. $300 for the garage). As-Is sale. CASH or COMMERCIAL LOAN ONLY because of the mixed use zoning. Proforma for other units are $1000, $1000, and $1200 with potential CAP RATE of 6%
Listed by Dina Williams
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License #02128591
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Redfin
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dina.williams@redfin.com
Listed by Patricia Ulip
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License #01949834
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Redfin
Last updated July 24, 2025
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Source: bridgeMLS #41097556
Listing Facts
TypeSingle-family
NeighborhoodEastmont Hills
Bedrooms2
Bathrooms4
Days on Prevu114
Size2,560 sqft
Price per sqft$175
Amenities
Dishwasher
Washer/Dryer
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
07/22/2025
Status changed to Active
$449,000
07/11/2025
Status changed to In Contract
$449,000
06/28/2025
Price Decreased
$449,000
05/21/2025
Price Decreased
$525,000
05/18/2025
Price Decreased
$678,000
05/15/2025
Listed by Redfin
$698,000
Property Details for 7960 Macarthur Blvd
Exterior
Construction
Roof: Shingle
Stories: 2
Year Built: 1936
Architectural Style: See Remarks
Construction Materials: Stucco, Frame
Exterior Features: Yard Space
Measurements
Building Area Total: 2,560
Lot Features: Sloped Up, Security Gate
Lot Size Acres: 0.14
Lot Size Area: 0
Lot Size Square Feet: 6,250
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 40A342220
Interior
Features
Appliances: Dishwasher, Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater
Flooring: Hardwood, Linoleum
Interior Features: Pantry
Measurements
Living Area: 2,560
Living Area Units: Square Feet
Rooms
Bathrooms Full: 1
Bathrooms Partial: 3
Bathrooms Total Integer: 4
Bedrooms Total: 2
Rooms Total: 4
Other
Location
Subdivision Name: EASTMONT HILLS
Parking
Parking
Covered Spaces: 3
Garage Spaces: 3
Parking Features: Detached, Garage, Parking Lot
Utilities
Equipment
Electric: No Solar
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: Dryer, Laundry Room, Washer
Utilities: Water/Sewer Meter On Site
Based on information from bridgeMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.