6114-6120 Foothill BLVD, Oakland, CA 94605

$1,645,000
: 5,242
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listed by Fred Rubio, 408-314-3009 from Marcus & Millichap
(If provided) CoList: from

Add to Favorites

List Price: $1,645,000
MLS#: ML82062172
Status: ACTIVE
Sqft. of Residence: 5,242
Lot Size: 11,000
Listing Area: Oakland Zip Code 94605
Year Built: 1922

Refine Search

Property Description

*** SELLER ASSUMABLE LOAN AVAILABLE - 975K LOAN AT 5.5% *** 6120 Foothill Boulevard offers an attractive opportunity to acquire a twelve unit apartment building in a high demand East Oakland rental corridor. The property features a practical unit mix of eleven one bedroom units and one two bedroom unit, appealing to a broad range of workforce renters. With an in place cap rate of 8.23% and current rents reflecting a meaningful loss to lease, the asset provides a new owner with immediate cash flow and a clear path to additional income growth through stabilization.

Search All Properties

Additional Information

Cooling System: None
Foundation: Wood Frame
Garage Parking: Common Parking Area, On Street
Heating System: Other
Living Area: 5,242
Lot Size: 11,000
Neighborhood: Oakland Zip Code 94605
Other Utilities: Public Utilities
Roof: Flat / Low Pitch
Sewer: Sewer - Public
Unincorporated Yn: Yes
Zoning: RU-5

Add to Favorites

Add to Favorites New Search

How much is your home worth?

...get instant property value now!

Mortgage Calculator

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Bailey Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.