6120 Foothill Boulevard offers an attractive opportunity to acquire a twelveunit apartment building in a highdemand East Oakland rental corridor. The property features a practical unit mix of eleven onebedroom units and one twobedroom unit, appealing to a broad range of workforce renters. With an inplace cap rate of 8.23%… Read More and current rents reflecting a meaningful losstolease, the asset provides a new owner with immediate cash flow and a clear path to additional income growth through stabilization. The property also includes an assumable loan with an approximate principal balance of $975,000 at 5.5%, offering buyers a valuable financing option in todays capital markets. Read Less
Courtesy of Marcus & Millichap, Fred Rubio 408-314-3009
Listing Snapshot
Days Online
0
Last Updated
Property Type
Five Or More Units
Square Ft.
5,242
Lot Size
0.25 Acres
Year Built
1922
MLS Number
ML82062172
30 Days Snapshot Of 94605
$626k
+15%
(avg) sold price
2
+100%
homes sold
15
+87%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 11000.00, Max Area Units: Square Feet, Lot is 0.25252525252525 acres
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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