1905 Foothill Blvd, Oakland, CA 94606

$1,625,000
6,631
SqFt

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Listing courtesy of Timothy Warren from NAI Northern California. 510-336-4719

List Price
$1,625,000
Status
ACTIVE
Days on Market
86
Price Change
▼ $100,000 1790030393
MLS#
41143837
Subtype
Commercial Sale
Year Built
1932
Living Area
6,631
Lot Size
3,500
Acres
0.08
Subdivision
San Antonio
Neighborhood
San Antonio

Property Description

1905 Foothill Boulevard, a well-maintained 13-unit apartment community situated on the corner of Foothill Boulevard and 19th Avenue in Oakland's San Antonio neighborhood. Originally constructed in 1932, the approximately 6,631 SF property features a unit mix of twelve (12) studio units and one (1) large 3-bedroom, 1-bath unit and four (4) garage spaces. The property's distinctive Spanish/Mediterranean- inspired architecture, highlighted by decorative parapets and large windows, provides excellent curb appeal while maintaining the charm of a classic Oakland apartment building. The efficient studio layouts, combined with a larger owner's or family-sized unit, create a diversified income stream with additional upside through continued rent growth. Offered at $132,692 per unit, the property generates an attractive 6.93% in-place cap rate with additional upside through the continued growth of below-market rents.

Additional Information

Flooring
Laminate, Vinyl
Appliances
Dryer, Washer
Heating
Wall Furnace
Air Conditioning
None
Exterior Features
Stucco
Roof
Bitumen
Parking Features
Garage Faces Front

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