1905 Foothill Blvd, Oakland, CA 94606
- $1,725,000
Listed by Timothy Warren, (510) 336-4719 from NAI Northern California
(If provided) CoList: from
- List Price
- $1,725,000
- MLS#
- EB41143837
- Status
- ACTIVE
- Lot Size
- 3,500
- Listing Area
- Oakland Zip Code 94606
- Year Built
- 1932
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.
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Additional Information
- Acres
- 0.08
- Amenities
- Storage Area(s)
- Cooling System
- None
- Days On Market
- Unknown
- Exterior Features
- Stucco
- Floor Covering
- Laminate, Vinyl
- Heating System
- Wall Furnace
- Laundry Facilities
- Washer, Dryer
- Lot Size
- 3,500
- Neighborhood
- Oakland Zip Code 94606
- Numberof Units
- 13
- Other Rooms
- Basement - Unfinished
- Unincorporated Yn
- Yes
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