CA > Oakland > San Antonio
Oakland, CA 94606,1627 Foothill Blvd
Oakland, CA 94606,1627 Foothill Blvd
Oakland, CA 94606,1627 Foothill Blvd
Oakland, CA 94606,1627 Foothill Blvd
Oakland, CA 94606,1627 Foothill Blvd
Oakland, CA 94606,1627 Foothill Blvd
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Gatehouse Properties

Gatehouse Properties

+1(714) 743-9882
$ 975,000
Est. payment | /mo

7,000 Sqft Lot

Save
$ 975,000
Est. payment | /mo
Save

7,000 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision San Antonio

MLS Listing ID 41085549

HOA Y/N No

Year Built 1912

Lot Size 7,000 Sqft

Property Description

1627-1633 Foothill Blvd is a 7-unit investment property with 3 units delivered VACANT! The property features three buildings on one parcel: a fourplex (all 1-bed units, two units delivered vacant), a duplex (3-bed/2-bath downstairs, 2-bed/1-bath upstairs), and a single-family home (3-bed/2-bath delivered vacant). The SFH also has potential for an 8th unit by doing an ADU conversion at the basement level (2-bed/1-bath). It is highly recommended for buyers to look into doing an SB-9 lot split, creating two parcels that would then qualify for conventional financing! The property also has a new main panel at the fourplex, large central parking area, and additional parking in the back accessible via Gleason Way. With a pro forma CAP rate of 7.54% rate and 8.0 GRM, the numbers work! San Antonio is one of Oakland's most active rental markets, with strong demand from working-class tenants and proximity to BART, transbay bus lines, retail, and job centers including San Francisco, the Port of Oakland, and Silicon Valley.

Location

State CA

County Alameda

Zoning RM-2

Interior

Heating See Remarks

Fireplace No

Exterior

Roof Type Shingle

Total Parking Spaces 9

Building

Lot Description Street Level

Others

Tax ID 201664

California Regional MLS (CRMLS)
Listed by Graham King • Keller Williams VIP Properties
agent-avatar

+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

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1627 Foothill Blvd

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