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(626) 893-2817
Gilbert Garcia
1905 Foothill Blvd, Oakland, CA 94606
- $1,625,000
- List Price
- $1,625,000
- Price Change
- ▼ $100,000 1790031204
- Status
- ACTIVE
- MLS#
- 41143837
- Year Built
- 1932
- Lot Size
- 3,500
- Acres
- 0.08
- Lot Location
- Corner Lot
- Days on Market
- 40
- Property Type
- Multifamily
- 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.
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Additional Information
- Appliances
- Dryer, Washer
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Exterior Construction
- Stucco
- Attached Structure
- Detached
- Number Of Units Total
- 13
Listing courtesy of Listing Agent: Timothy Warren (twarren@nainorcal.com) from Listing Office: NAI Northern California.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.