1946 Foothill Blvd - Apartments FOR SALE


Oakland, CA 94606- San Antonio
$2,795,000 USD
510-387-6820
1946 Foothill Blvd, Oakland, CA for Sale
$2,795,000 USD
Apartments - FOR SALE
1/6
null | 6.73% Cap Rate

1946 Foothill Blvd
Oakland, CA 94606
San Antonio


HIGHLIGHTS

  • Good Unit Mix with 1 and 2 bedroom Units
  • Fully rented with upside in rent
  • Opportunity to Raise rents with Banked rents
  • Off street parking to attract tenants

OVERVIEW

Located in the heart of Oakland, 1946 Foothill Blvd offers a rare opportunity to own a fully occupied 18-unit apartment building with strong in-place income. The unit mix consists of spacious 1-bedroom and 2-bedroom units, appealing to a wide tenant base. The property features off-street parking, providing convenience and added value for residents. This well-maintained asset presents investors with immediate cash flow and long-term upside potential in a high-demand rental market. With stable occupancy, separate utility meters, and proximity to transit, shopping, and dining, this is an ideal acquisition for both seasoned investors and 1031 exchange buyers looking for dependable returns in a growth-oriented neighborhood

FOR SALE DETAILS

PRICE

$2,795,000 USD

PRICE/SF

$247 USD /SF

# OF UNITS

18

PRICE/UNIT

$155,278

CAP RATE

6.73%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1959

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

-

APN/PARCEL ID

020-0198-013-01

ASK ABOUT THIS PROPERTY

Gabriel GaliotheCompass CommercialMore Info
510-387-6820

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Gabriel GaliotheCompass CommercialMore Info
510-387-6820

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