Oakland, CA 94605
$1,645,000
Bed
0
Bath
0
Living Space
5,242 SqFt
Year Built
1922
Lot Size
0.25 Acres
Days
8
6120 Foothill Boulevard offers an attractive opportunity to acquire a twelveunit apartment building in a highdemand East Oakland rental corridor. The property features a practical unit mix of eleven onebedroom units and one twobedroom unit, appealing to a broad range of workforce renters. With an inplace cap rate of 8.23% and current rents reflecting a meaningful losstolease, the asset provides a new owner with immediate cash flow and a clear path to additional income growth through stabilization. The property also includes an assumable loan with an approximate principal balance of $975,000 at 5.5%, offering buyers a valuable financing option in todays capital markets.
Listing provided courtesy ofFred Rubio License 01984041 Marcus & Millichap
Data provided by MLSListings Inc.
Thu, Oct 1
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Mon, Oct 5
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- Joaquin Miller Elementary School (Elementary) - GreatSchools rating 6/10 - Oakland Unity Middle School (Middle) - GreatSchools rating 5/10 - Latitude High School (High) - GreatSchools rating 4.73/5 School District: Oakland Unified School District
Several parks are located within a 1-2 mile radius of Foothill, Oakland, CA, 94605. These include Cesar Chavez Park, Garfield Park, and Arroyo Viejo Park. Joaquin Miller Park is also a notable regional park in the vicinity.
Foothill is a neighborhood in Oakland, California, characterized by cozy homes and a well-established community. It offers an urban-suburban mix feel, with many residents owning their homes. The area is known for having numerous bars, restaurants, coffee shops, and parks, and is popular among young professionals.
Foothill, Oakland, CA, 94605 has a Walk Score of 100/100 and a Transit Score of 89/100. This location is a Walker's Paradise, meaning daily errands do not require a car. Public transit options include BART lines such as the Orange, Blue, and Green lines, and various AC Transit bus routes.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Joaquin Miller Elementary School (Elementary) - GreatSchools rating 6/10 - Oakland Unity Middle School (Middle) - GreatSchools rating 5/10 - Latitude High School (High) - GreatSchools rating 4.73/5 School District: Oakland Unified School District
Several parks are located within a 1-2 mile radius of Foothill, Oakland, CA, 94605. These include Cesar Chavez Park, Garfield Park, and Arroyo Viejo Park. Joaquin Miller Park is also a notable regional park in the vicinity.
Foothill is a neighborhood in Oakland, California, characterized by cozy homes and a well-established community. It offers an urban-suburban mix feel, with many residents owning their homes. The area is known for having numerous bars, restaurants, coffee shops, and parks, and is popular among young professionals.
Foothill, Oakland, CA, 94605 has a Walk Score of 100/100 and a Transit Score of 89/100. This location is a Walker's Paradise, meaning daily errands do not require a car. Public transit options include BART lines such as the Orange, Blue, and Green lines, and various AC Transit bus routes.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
