$1,645,000
61146120 Foothill Boulevard
Oakland, CA 94605
1922
Year Built
Alameda
County
CommercialSale
Property Type
About this home
*** 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.
Property Details
Architecture
Features & Amenities
Property Features
Community
Tax & Financial
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Mortgage Estimate
$8,755/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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