1905 Foothill Blvd, Oakland, CA 94606
List Price: $1.73M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1932
Lot Size: 3,500 sq ft
MLS Number: 41143837
About This Property
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.
Listing provided by: Timothy Warren DRE #02008347 510-336-4712 twarren@nainorcal.com, NAI Northern California
Source: CRMLS, MLS #: 41143837
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.