Christopher Danesi at RE/MAX Accord - 925.998.7426
MLS: 41100822 $4,240,000
Bedrooms with Baths7975 MACARTHUR BLVD
OAKLAND CA 94605MLS: 41100822
Status: ACTIVE
List Price: $4,240,000
Price per SQFT: $156
Square Footage: 27232Bedrooms
Baths
Year Built: 1955
Zip Code: 94605
Listing Remarks
7975-8005 MacArthur Blvd comprises of 53 units presenting a unique and strategic opportunity for an investor to rapidly establish a substantial presence in Oakland. The asset offers investors a reliable and consistent revenue stream, driven by the growing demand for affordable housing in the East Oakland market. The asset benefits from exceptional connectivity to the Bay Area, with convenient access to the Coliseum BART Station, HWY 580, and close proximity to Oakland International Airport, allowing residents several transportation options and ease of access to key regions throughout the Bay. 7975-8005 MacArthur Blvd is located minutes from the historic Eastmont Town Center, a prominent shopping and social services hub. The town center features a diverse mix of anchor tenants, including CVS Pharmacy, Alameda County Social Services Agency, McDonald’s, and LifeLong Medical Care Center, providing residents with convenient access to amenities and essential services. The asset features an exceptional unit mix with a particularly strong concentration of studio and one bedroom units. The portfolio’s unit mix paired with strong demand for workforce housing ensures landlords benefit from natural turnover, minimizing loss-to-lease risks associated with the city’s stringent rent control
Address: 7975 MACARTHUR BLVD OAKLAND CA 94605
Listing Courtesy of RYAN RODRIGUEZ of COLLIERS INTERNATIONAL
Community: COVINGTON MANOR ... Listing 1 of 2
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Condo Mania Agent
Chris Danesi
RE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2025-06-10 LIVING AREA SQ FT: 27232 BUILDING AREA TOTAL: 27232 YEAR BUILT: 1955 CONSTRUCTION: Other, None FLOORING: Other, None HEATING: Other COOLING: None, Other LOT FEATURES: Other PARKING FEATURES: None, Other PROPERTY TYPE: COMM RI MULTI-UNITS 5+ PROPERTY SUB TYPE: Garden Apts LISTING AGENT: RYAN RODRIGUEZ LISTING OFFICE: COLLIERS INTERNATIONAL
Estimated Monthly Payments
List Price: $4,240,000 20% Down Payment: $848,000 Loan Amount: $3,392,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $21,440 Estimate does not include taxes, fees, insurance.
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Property Location: 7975 MACARTHUR BLVD OAKLAND CA 94605
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Condo Mania Agent
Chris Danesi
RE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Last Updated: 2025-06-15