Presenting 6724 MacArthur Blvd, located in the Millsmont neighborhood of Oakland. Built in 1968, the 3,198 square foot property consists of four 2 bedroom/1 bathroom units. Tenant amenities include on-site laundry, one uncovered parking space per tenant, and key access security fencing. The property offers an attractive going-in cap rate of 6.14% and a gross rent multiplier of 10.16 to new investors. The property is minutes away from Mills College and adjacent to the Bancroft Business District; a neighborhood shopping destination. The district is anchored by the Eastmont Town Center, a local shopping mall and dining destination; all within minutes from the property. Access to Interstate 580 is less than 2 miles away off of Edwards Avenue, and AC Transit bus lines are immediately outside the property on MacArthur Boulevard. Local Concordia Park is a short 10 minute walk from the property and downtown Oakland is less than 10 miles away.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
