1905 Foothill Blvd, Oakland, CA 94606
- $1,725,000
- 6,631
- SqFt
- List Price
- $1,725,000
- Status
- ACTIVE
- MLS#
- 41143837
- Year Built
- 1932
- Property Type
- 5 Or More Units
- Living Area
- 6,631
- Lot Size
- 3,500
- Acres
- 0.08
- County
- Alameda
- Subdivision
- 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
- Appliances
- Dryer, Washer
- Exterior
- Stucco
- Flooring
- Laminate, Vinyl
- Lot Description
- Corner Lot
- Parking Features
- Garage Faces Front
- Roof
- Bitumen
- Water Sewer
- Public
Mortgage Calculator
Listing courtesy of Timothy Warren from NAI Northern California. 510-336-4719
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