13 days on rocket

7720 Macarthur Blvd, Oakland, CA, 94605

$749,000

Home List Price

$8,894*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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7720 Macarthur Blvd, Oakland$749,000

Buyer Closing Credits

$8,894*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1924
HeatingWall Furnace
CoolingOther
MLS #41050886
Lot Size0.23 Acres
StatusActive

About 7720 Macarthur Blvd

Unlock the potential of this triplex nestled in Eastmont area of Oakland! With one unit currently vacant, seize the opportunity for immediate occupancy or lucrative rental income. Positioned for remarkable cash flow growth, this property boasts a prime location with easy access to public transportation and major freeways including 880 and 580, ensuring convenience for tenants and investors alike. Ideal for savvy buyers, this triplex presents an outstanding chance for house hacking – reside in one unit while renting out the remaining two for added income potential. With FHA Offers requiring only 3.5% Down, the barrier to entry is lower than ever, making this an attractive prospect for both seasoned investors and those venturing into real estate for the first time. Don't miss out on this remarkable investment opportunity in Oakland's thriving market.

Property Details

Property Features

Property Information:

  • Year Built: 1924

Listing Office:

  • Office Name: eXp Realty of California
  • Office Phone: (888) 584-9427
  • Listing Agent: Sunny Wong

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Other

School Info

Assigned Schools Information:

  • Castlemont High School, Public District Grades 9-12
  • Coliseum College Preparatory Academy, Public District Grades 6-12
  • Frick Middle School, Public District Grades 6-8
  • Melrose Leadership Academy, Public District Grades KG-8
  • Parker Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: On Mac Arthur Blvd Cross Street: Parker.

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,000

Tax Information:

  • Annual Amount: $4,778
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

Med. Sold Price

$871K

Med. Price/SqFt

$608

Avg. Days On Market

26

# of Sold Homes

211

7720 Macarthur Blvd vs Oakland

13 DAYS ON ROCKET

-13 Days

$749,000

-$122K Less

KEY TAKEAWAY

This property is $122K less than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41050886

Listing Office:

  • Office Name: eXp Realty of California
  • Office Phone: (888) 584-9427
  • Listing Agent: Sunny Wong

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 3:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 01, 2009Home Sold
$145,000
Dec 10, 2003Home Sold
$465,000
Oct 27, 2000Home Sold
$265,000
May 12, 1999Home Sold
$67,500
Apr 09, 1999Home Sold
$55,000
Feb 17, 1994Home Sold
$42,000
Oct 25, 1988Home Sold
$67,000
Jan 05, 1988Home Sold
$81,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,778$172,495
2020$4,778$170,728
2019$4,275$167,381
2018$4,016$164,100
2017$4,016$160,882

History based on county public records data.

Payment Calculator

$3,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,312

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4524408
3
/10
  • Parker Elementary School

  • 7929 Ney Ave

  • 0.17 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4524409
1
/10
  • Frick Middle School

  • 2845 64th Ave

  • 0.94 miles

  • Public District Grades 6-8

school-card-donut-4524410
6
/10
  • Melrose Leadership Academy

  • 4730 Fleming Ave

  • 1.86 miles

  • Public District Grades KG-8

High School

school-card-donut-4524411
1
/10
  • Castlemont High School

  • 8601 Macarthur Blvd

  • 0.59 miles

  • Public District Grades 9-12

school-card-donut-4524412
3
/10
  • Coliseum College Preparatory Academy

  • 1390 66th Ave

  • 1.43 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,197. Residents of Oakland, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaAlameda CountyOakland946057720 Macarthur Blvd

This home is located at 7720 Macarthur Blvd in Oakland, CA and zip code 94605 in the Eastmont Hills neighborhood. This home, which was built in 1924, sits on a 0.23 acre lot. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $749,000.

Over 143 listings were sold over their listed price in April 2024 in Oakland, CA. In the same period over 30 listings were sold below the listed price and 22 listings were sold for the listed price. In April 2024 in Oakland, CA there were 22.9% more homes for sale than in March 2024. In April 2024 median list price was $871,010 and the average listing age was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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