Christopher Danesi at RE/MAX Accord - 925.998.7426

Community: COVINGTON MANOR ... Listing 1 of 2
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MLS: 41100822     $4,240,000     Beds / Baths

MLS #:41100822
Status:ACTIVE
List Price:$4,240,000
Price SQFT:$156
City: OAKLAND
Beds:
Baths:
SqFt:27232
Year:1955
Zip: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

Listing Photos


Community: COVINGTON MANOR ... Listing 1 of 2
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Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2025-06-15