6868 Foothill Blvd Active

Oakland,CA 94605

$ 1799999

- Bed

0 Bath

6500 SqFt


Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,500 sqft

Price per Sqft $276

MLS Listing ID 41070427

HOA Y/N No

Year Built 1951

Lot Size 7,634 Sqft

Acres 0.18

Property Description

Proud to present to you this beautiful 8-unit apartment complex offering eight 2bd/1ba upgraded units each with its own garage. This amazing cash flow property has a 7.5% cap rate and 9.83 GRM on current rent. The property has several remodeled units, and offers approximately 6500 square feet of rental space. Five units are currently rented to Section 8 tenants. All units have separate PG&E and water meters allowing for low operating costs. Laundry machines on site. Close to shops and all major freeways. This is a great investment, low risk, and plenty of upside.

Location

State CA

County Alameda

Area Listing

Rooms

Basement Unfinished

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate,Tile

Fireplace No

Exterior

Parking Type Garage Faces Front,Garage Faces Rear

Total Parking Spaces 8

Building

Lot Description Security Gate

Sewer Public Sewer

New Construction No

Others

Tax ID 393298152

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