7960 Macarthur Boulevard
Oakland, CA, 94605
$
349,000
Bedrooms--
Baths--
Sq
2,560
Monthly Estimate*
$
2,204
for $349,000. This 2,560 square foot building was built in 1936 on a lot size of 0.1435.
Discover the flexibility and upside potential of this approximately 6,250 sq. ft. mixed-use property along Oakland's established MacArthur Boulevard commercial corridor of Eastmont Hills. Offering a combination of residential, retail/office and additional usable space, this property presents a compelling opportunity for an investor, owner-user, entrepreneur, or buyer looking to reposition the property for increased income. The property includes four units with mixed-use potential, allowing for a variety of residential and commercial uses, subject to City approval and applicable zoning requirements. Approximately 2,560 sq. ft. is currently utilized as tenant- and owner-occupied living space, while the balance offers significant potential for commercial occupancy, reconfiguration, or possible creation of additional residential units. An oversized approximately 700 sq. ft. garage/workshop provides another income-producing or owner-user component. One residential unit, a 2-bedroom/1-bath, is currently rented at $1,225 per month, with the garage generating an additional $300 per month, for current actual rents of $1,525 per month. Long-term tenant(s) to convey with the sale, while three commercial spaces are anticipated to be delivered vacant, giving the next owner an opportunity to establish new businesses, lease at current market rates, or occupy space for their own operation. The location is an important part of the opportunity. Situated directly on MacArthur Boulevard in East Oakland, the property is surrounded by neighborhood-serving retail, markets, restaurants, services and other commercial uses. Nearby businesses demonstrate the corridor's mix of everyday retail and service-oriented uses, making the property potentially suitable for neighborhood retail, professional services, office, studio, workshop or other permitted uses. Occupy part and lease the balance, reposition the commercial spaces, explore additional residential income, or create a combination of uses tailored to a long-term investment strategy.
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Features
General
Sewer
Public Sewer
Heating
Other
Cooling
Other
Utilities
Sewer Connected
Roof
Composition
Metal
Construction Materials
Wood
Year Built
1936
Electric
Separate Electric Meter
Tenant Pays
Sewer
Electricity
Gas
Trash Collection
Water
Varies by Unit
Stories Count
2
Property Subtype
Mixed Use
Current Use
Varies by Unit
Mixed Use
Location
Neighborhood
Restaurant Nearby
Shopping Nearby
Strip Center
Business Type
Other
County
Alameda
Property Type
Commercial Sale
Building Features
1 Restroom Per Unit
Close Price
0.0
Status
Active
Directions
Macarthur
City
Oakland
Zoning Description
Mixed use
Number Of Units Total
0
MLS Area
Oakland Zip 94605
Lot Size Square Feet
6251.0
Property Condition
Exterior-Fair
Structure Type
Apartment
Mixed Use
Office
Retail
Strip Center
Standard Status
Active
Year Built Source
Assessor Auto-Fill
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Interior
Walls
Wood
Flooring
Combo of Materials
0
Office Area
0
Total Stories
0
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Exterior
Parking Features
Street
Uncovered
Garage
Water Source
Public
Total Parking
0.0
Foundation Details
Concrete
Number of Buildings
2
Building Area Total
2560.0
Lot Size Acres
0.1435
Lot Size Source
Assessor Auto-Fill
Road Frontage Type
City Street
Parking Ratio
0.0
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* Excluded Features
List By
Alvena@CalPrimeRealty.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $2,204
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
Commerical listings in Oakland, CA
Average List Price
$1,481,007
Percent of Sale Price
324%
About Oakland, CA
423,136
Population
6%
Since 2002
$
62,902
Median Income
38.73
Median Age
25%
Households with Children
Trends Information provided by ATTOM Data Solutions.
295416
Elementary School
295437
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
9/24/2026
|
$349,000
|
-12.53%
|
Price Down
|
|
9/9/2026
|
$399,000
|
|
Listed Price
|