7335 MacArthur Blvd
Oakland, CA 94605


  • $650,000

Details

Two-unit retail property offering approximately 6,930 square feet of rental space. The property has a use code allowing for retail and churches providing maximum flexibility for the next owner. The property is split between 7327 MacArthur Blvd offering 2,430 square feet and 7335 MacArthur Blvd offering 4,500 square feet. The property is currently tenant-occupied with a family friend of the owner but will be delivered vacant at close of escrow. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. There is a large 200 apartment development approved across the street at 7300 MacArthur Blvd which should transform the neighborhood. The property was appraised in 2023 for $1,800,000 making for a perfect opportunity for an investor to acquire an undervalued asset in a rapidly improving neighborhood with excellent long-term potential. Trust sale not subject to court confirmation. This is an attractive high-traffic Oakland location near a variety of restaurants and shopping options with easy access to both HWY880 and HWY580. The property is very walkable and offers access to multiple bus lines.

• Asking Price: $650,000
• Large Retail/Church Investment Offering 6,930 SqFt
• 7327 MacArthur Blvd Offers 2,430 Square Feet and 733 MacArthur Blvd Offers 4,500 Square Feet
• Seller Financing Available with Excellent Terms
• Delivered Vacant at Close of Escrow
• Perfect Opportunity for Owner-User or Investor Looking to Lease at Max Market Rates
• Appraised in June 2023 for $1,800,000 – Huge Value-Add Opportunity
• Attractive High-Traffic Oakland Location Near Eastmont Town Center with Easy Access to HWY580
• 200 Unit Development Across the Street at 7300 MacArthur Blvd
• Well Managed Property with Little Deferred Maintenance

Images

Contact

Feel free to contact us for more details!

David Howarth

David Howarth

The Pinza Group (DRE: 01941229)

DRE #: 01360348
The Pinza Group (DRE: 01941229)