DESPERATE TO SELL! VERY MOTIVATED, QUICK SALE NEEDED 8% CAP 8.7 GRM 10% CASH ON CASH RETURN Rent roll, T-12 and Income & Expense Reports are in MLS attached documents. Contact Drew at (209) 627-5011 for documents, to schedule a showing or inquire about our entire portfolio. This nostalgic 2-story property at 6716 MacArthur Blvd, Oakland, offers 6,840 rentable sq ft. It features 9 large units, including 8 two-bedroom/one-bathroom and 1 one-bedroom/one-bathroom, each with private baths and kitchens. Built in 1949, with a concrete perimeter foundation and wood exterior walls, the property includes 9 covered parking spaces. Highlights: 6 renovated units Separate gas + electric meters Individual hot water heaters 44% upside in current rents Permitted foundation and seismic updates New roof (2012) Coin-operated laundry for additional income Ideal for leveraging investment in the thriving Oakland market, this property presents an opportunity to increase returns.
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