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FOR SALE
$6,495,000

3518 Foothill Blvd
Oakland, CA 94601

Cluster
Residence
0.19
Acre Lot
1of
Photos
Map
Courtesy: David Howarth - The Pinza Group, Inc
Showcase> California> Oakland> 94601
29-unit mixed-use apartment complex with 6.93% cap rate and 10.35 GRM on current rents. The unit mix consists of five retail units, two 2bd/1bth units, seven 1bd/1bth units, 14 studio units, and one non-permitted office unit. The property is easy to manage, has low operating expenses, and offers many improvements. The current owner remodeled over half the building with high-end finish work including fully remodeled kitchens and bathrooms with new flooring, cabinets, granite countertops, stainless steel appliances, custom tile and more. The property was fully seismic retrofitted to the top and back of the building and the plumbing and electrical systems have been upgraded over time. Many residential and retail tenants have rents below market providing strong rental upside for the next owner. The property offers an attractive Oakland location near many restaurants, shopping options, and Fruitvale BART station.
40958657
Cluster, Other
Alameda
1935
0.19 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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