6716 Macarthur Blvd Oakland, CA 94605

$1,350,000 Sold Price as of 03/23/2018

14 Beds
9 Baths
6,840 Sq.Ft.

Off Market

$1,350,000 Sold Price as of 03/23/2018 Refinance Your Mortgage

Map preview of 6716 Macarthur Blvd, Oakland, CA 94605

Property Overview: 6716 Macarthur Blvd Oakland, CA has 14 bedrooms, 9 bathrooms, 6,840 living square feet and 15,540 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

6716 Macarthur Blvd is currently an off market home in the city of Oakland. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Oakland has a median list price of $649,000. The median price per/sqft for Oakland is $540. With those numbers in mind, if you are looking to purchase a median priced home in Oakland, CA and put 20% down you will need to save up $129,800 for the down payment and will need roughly $12,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Oakland the commission could be as much as $45,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 6716 Macarthur Blvd

Last sold for $1,350,000 on March 23rd, 2018

January, 2024
Jan 5, 2024

Date

Canceled

CRMLS: 41037678

$1,889,000

Price
Aug 31, 2023

Date

Active

CRMLS: 41037678

$1,995,000

Price
Listing provided courtesy of CRMLS

This very nostalgic 2 story property is located at 6716 MacArthur Blvd in Oakland California has 6,840 rentable square feet, average unit size is 760 square feet, with 9 large units including 8 two-bedroom one bathroom and 1 one-bedroom/one-bathroom all with private baths and kitchens. The property was built in 1949, with a concrete perimeter foundation, exterior walls are wood, and the roof is composition shingle. There is laundry on site. Six of the units have been renovated. All units have separate gas + electric meters and individual hot water heaters minimizing the owners’ expenses. There is 44% upside in the current rents. With 44% upside in rents, this building allows the next owner to increase returns and leverage investment in the hot Oakland market.

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March, 2018
Mar 23, 2018

Date

Sold (Public Records)

Public Records

$1,350,000

Price
October, 2005
Oct 4, 2005

Date

Sold (Public Records)

Public Records

$1,050,000

Price

Tax History for 6716 Macarthur Blvd

Assessed Value (2020): $1,404,492

Year	Land Value	Improved Value	Assessed Value
2020	$572,220	$832,272	$1,404,492

About 6716 Macarthur Blvd

Detailed summary of property

6716 Macarthur Blvd is categorized with a use code of Apartment House (5+ Units) in Oakland, CA 94605 and last sold on March 23, 2018 for $1,350,000. This property has 14 bedrooms, 9 bathrooms, roughly 6,840 living square feet, and sits on an approximately 15,540 square foot lot. Homes in Oakland are selling for a median price of $900,000 and a median price per square foot of $607. Based on Ardent Real Estate Group's Oakland Market Data, this home is sold 50% higher than the current median priced home. 6716 Macarthur Blvd was last sold on March 23, 2018 for $1,350,000. Local nearby listings include 15438 Mulholland Dr, 15263 Mulholland Dr and 2839 Mandeville Canyon Rd. The average home in Oakland, CA is selling in 84 days. There are currently 896 homes for sale in the Oakland real estate market and 647 of them are single family homes while 227 of them are condos and 20 are townhomes. If you are the homeowner and looking to sell the home at 6716 Macarthur Blvd Oakland, CA 94605 contact Ardent Real Estate Group and we will put you in touch with one of our Oakland agents.

Public Facts for 6716 Macarthur Blvd

Public county record property details

Beds: 14
Baths: 9
Year built: 1949
Sq. Ft.: 6,840
Lot Size: 15,540
Stories: 2

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Alameda
Lot#: C,D,H&I
APN: 37A-2755-23-2

The source for these homes facts are from public records.

94605 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$659,000

Median List Price/Sq.Ft.

$483

Median Sold Price

$725,000

Median Sold Price/Sq.Ft.

$507

Total Inventory

120

Median Sale to List Price %

105.22%

Avg Days on Market

Loan Type

Conventional (60%), FHA (23.33%), VA (0%), Cash (16.67%), Other (0%)

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