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JLee Broker

[email protected] +1(650) 857-1000

Listed by Timothy Warren, DRE #02008347 • NAI Northern California

$1,725,000

Est. payment - /mo

6,631 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,631 sqft

Price per Sqft $260

MLS Listing ID EB41143837

Year Built 1932

Lot Size 3,500 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

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.

Location

State CA

County Alameda

Area Oakland Zip Code 94606

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate, Vinyl

Laundry Washer, Dryer

Exterior

Exterior Feature Stucco

Garage Spaces 4.0

Others

Tax ID 20-163-1

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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1905 Foothill Blvd Oakland, CA 94606

JLee Broker

Key Details

Location

Interior

Exterior

Others

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