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$895,000
EB41118514 MLS
6-unit mixed-use building with excellent current income with a current cap rate of 12.49% and a current GRM of 5.70! The property offers two retail units in the front building and four residential units in the rear building. The property was built in 1938, offers 4,225 square feet of rental space, and sits on an oversized 9,998 square foot lot with a huge backyard and ample parking. The front retail units have two tenants but can be delivered vacant at closing. The rear building offers one 4bd/2bth unit, one 3bd/1bth unit, and two 2bd/1bth units. The backyard is huge and offers the potential for expansion or ADU development. The units are large and offer a variety of upgrades including newer kitchens and bathrooms, double pane windows, a newer roof, newer flooring, and more. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The tenants are nice, cooperative, and easy to manage making this an ideal property for an investor seeking max income or an owner-occupant seeking a variety of options with unbeatable cash flow to offset the mortgage.

8016 Macarthur Blvd, Oakland

Listing courtesy of David Howarth, (510) 822-1331 from The Pinza Group, Inc
(If provided) CoList: from

$899,000
8 Beds BE41097428 MLS
Welcome to 7448 Lockwood Street, a spacious and income-producing fourplex located in the heart of East Oakland. This well-maintained property features four 2-bedroom, 1-bath units, each offering approximately 885 square feet of comfortable living space. Each unit is separately metered for gas, electricity, and water, providing convenience and flexibility for both owner and tenants. A detached on-site laundry room adds an additional income stream. Situated on a large, flat 10,000 sq ft lot, this property offers development potential-build additional units or expand to maximize your return (buyer to verify). Conveniently located near Highways 580 and 880 and just minutes from the Eastmont Town Center, this property is a prime location for tenants and commuters alike. Don't miss this exceptional opportunity to own a strong cash-flowing asset with upside potential in one of Oakland's high-demand rental markets.

7448 Lockwood St, Oakland

Listing courtesy of Jason Pugao, (510) 472-6916 from Keller Williams Tri-Valley
(If provided) CoList: from

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