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About the Listing ML88226 - ML5072679
*** 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.
Listing Highlights for 61146120 Foothill Boulevard
Status
Active
Days on Site
43
Property Type
Commercial Sale
MLS ®
ML82062172
Year Built
1922
Total Square Footage
5,242
Lot/Acreage
0.25
Interior Details
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 3
- Zoning: RU-5
- Roof: Flat
- Others:
- Sewer:
Financial Details
- Tax Amount: $31,394
- Taxes w/Assessments: N/A
- Tax/Property ID: 038319401201
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
61146120 Foothill Boulevard Oakland, CA 94605
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