1905 Foothill BlvdOakland, CA 94606
SAN ANTONIO · Alameda County
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.
Property Information
- Property type
- Residential Income
- Year built
- 1932
- Lot size
- 0.08 acres
- Parking spaces
- 4
- Days on market
- 100
- MLS® Listing#
- 41143837
Property Features
- Appliances
- Dryer · Washer
- Cooling
- None
- Heating
- Wall Furnace
- Lot features
- Corner Lot
- Construction
- Stucco
- Parcel number
- 201631
Directions
Cross Street: 19th Ave.
Listing Courtesy: NAI Northern California - 5103364712
Presented by: Timothy Warren
Licensed in the state of California.
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