1844-1846 Foothill Blvd - Apartments FOR SALE


Oakland, CA 94606- San Antonio
$1,395,000 USD
707-363-2463
1844-1846 Foothill Blvd, Oakland, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/16
null | 6.54% Cap Rate

1844-1846 Foothill Blvd
Oakland, CA 94606
San Antonio


HIGHLIGHTS

  • 10-unit multifamily asset featuring seven (7) residential apartments and three (3) renovated live/work units
  • Improvements include fully renovated live/work units, seismic enhancements, and electrical and plumbing upgrades
  • Strong in-place cash flow offering attractive day-one returns with additional long-term upside
  • Prominent corner location on Foothill Boulevard with excellent visibility and a classic Mediterranean architectural design
  • Convenient access to Downtown Oakland, Lake Merritt, Fruitvale and Lake Merritt BART, with quick connectivity to I-580, I-880, and Highway 13
  • Located in Oakland's San Antonio neighborhood, benefiting from a diverse tenant base, nearby employment centers, and strong residential demand

OVERVIEW

The Mitchell Warren Team is pleased to present 1846 Foothill Blvd, a well-maintained 10-unit multifamily asset consisting of seven residential apartments and three ground-floor live/work units. The unit mix includes three (3) large live/work units, one (1) one-bedroom/one- bathroom unit, and six (6) studio units. The property has been extensively upgraded, including fully renovated live/work units, seismic enhancements, and electrical and plumbing improvements. With its classic Mediterranean architecture, prominent corner location, and strong day-one returns, 1846 Foothill Blvd represents a compelling opportunity to acquire a stable multifamily asset in one of Oakland's primary commercial corridors. Situated along Foothill Boulevard in Oakland's San Antonio neighborhood, the property benefits from convenient access to many of the East Bay's major employment centers. Residents enjoy close proximity to Lake Merritt, Downtown Oakland, Jack London Square, and numerous neighborhood restaurants, shops, and everyday conveniences. Commuters benefit from quick access to Interstate 580, Interstate 880, Highway 13, and nearby Fruitvale and Lake Merritt BART stations, providing easy connectivity throughout the Bay Area. The combination of excellent transportation access, nearby amenities, and a diverse surrounding residential base continues to support strong demand for both residential and commercial space in the area.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$196 USD /SF

# OF UNITS

10

PRICE/UNIT

$139,500

CAP RATE

6.54%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Significant Upgrades | $139,500 Per Unit

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,487 SF

ZONING

C30, Oakland

APN/PARCEL ID

020-0197-011-00

ASK ABOUT THIS PROPERTY

Timothy WarrenNAI Northern CaliforniaMore Info
707-363-2463

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Timothy WarrenNAI Northern CaliforniaMore Info
707-363-2463

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.