1846 Foothill Blvd
- 10-unit multifamily asset featuring seven (7) residential apartments and three (3) renovated live/work units
- Improvements include fully renovated live/work units, seismic enhancements, and electrical and plumbing upgrades
- Strong in-place cash flow offering attractive day-one returns with additional long-term upside
- Prominent corner location on Foothill Boulevard with excellent visibility and a classic Mediterranean architectural design
- Convenient access to Downtown Oakland, Lake Merritt, Fruitvale and Lake Merritt BART, with quick connectivity to I-580, I-880, and Highway 13
- Located in Oakland's San Antonio neighborhood, benefiting from a diverse tenant base, nearby employment centers, and strong residential demand
Property Description
The Mitchell Warren Team is pleased to present 1846 Foothill Blvd, a well-maintained 10-unit multifamily asset consisting of seven residential apartments and three ground-floor live/work units. The unit mix includes three (3) large live/work units, one (1) one-bedroom/one-bathroom unit, and six (6) studio units. The property has been extensively upgraded, including fully renovated live/work units, seismic enhancements, and electrical and plumbing improvements. With its classic Mediterranean architecture, prominent corner location, and strong day-one returns, 1846 Foothill Blvd represents a compelling opportunity to acquire a stable multifamily asset in one of Oakland's primary commercial corridors.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,295,000 |
| No. of Units: | 10 |
| Year Built: | 1932 |
| Lot Size: | 0.08 Acres |
| Opportunity Zone: | No |
| Price per unit: | $129,500 |
| Property Website | Click Here |
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