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6638-6646 MacArthur Blvd
Oakland, CA 94605 Middle East Oakland

Price Upon Request

Apartments For Sale  •  53,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 53,000 SF
  • Lot Size 2.09 AC
  • Building Class B
  • Year Built 1958
  • Zoning R-70, Oakland
56 Transit Score
75 Walk Score

Highlights

American Liberty Investments is pleased to present 6638-6636 MacArthur Blvd at $837,000 of Net, Net, Net positive cash flow.
Presented to the market with a motivated seller | desperate/must sell.
Presented with a 3.1% existing loan in place with eight years left.
There is existing cash-on-cash return with the existing loan 17%.
There is a 7.5% existing CapRate, 12% market CapRate.
Open to trading for apartment units 2-15 in size anywhere in California.

Amenities

  • 24 Hour Access
  • Controlled Access
  • Dishwasher
  • Laundry Facilities
  • Property Manager on Site
  • Security System
  • Gated
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Online Services
  • Freezer
  • Walk-Up
  • Quartz Countertops
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
11 min - 6.3 mi
14 min - 9.4 mi
AirportDriveWalkDistance
Metro Oakland International 10 min - 5.8 mi
San Francisco International 41 min - 28.3 mi
Norman Y Mineta San Jose International 47 min - 37.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 126
Type: Surface
Included in Rent: Yes