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1631 Foothill Blvd 7 Unit Apartment Building Offered at $1,100,000 at a 7.22% Cap Rate Oakland, CA 94606
Investment Highlights
- Directly across from San Antonio Park, one of Oakland's cleanest and best-maintained public parks.
- 4 units delivered vacant for immediate market-rate leasing or strategic renovation.
- Quadplex units amenable to conversion from 1-bed/1-bath to 2-bed/1-bath to maximize yields.
- 7 units across 3 structures: 1 Quadplex, 1 Duplex, and 1 Standalone Single-Family Home.
- Single-family home taken down to the studs — rare blank canvas for full custom build-out.
- Upgraded electrical service already completed in the Quadplex, lowering capital expenditure requirements.
Executive Summary
David Harrington
License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Property Facts
| Price | $1,100,000 | Property Type | Multifamily |
| Price Per Unit | $157,143 | Building Size | 5,037 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 7.22% | Year Built | 1912 |
| No. Units | 7 | Opportunity Zone |
Yes
|
| Price | $1,100,000 |
| Price Per Unit | $157,143 |
| Sale Type | Investment |
| Cap Rate | 7.22% |
| No. Units | 7 |
| Property Type | Multifamily |
| Building Size | 5,037 SF |
| No. Stories | 2 |
| Year Built | 1912 |
| Opportunity Zone |
Yes |
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Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 020-0166-004-00 | Improvements Assessment | $83,908 |
| Land Assessment | $103,590 | Total Assessment | $187,498 |
Property Taxes
Parcel Number
020-0166-004-00
Land Assessment
$103,590
Improvements Assessment
$83,908
Total Assessment
$187,498
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