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Listed by: Steven Peterson (408) 509-0700 DRE #01746140 | Infinity Investments (510) 380-8101
$6,995,000
-- Bed
- -- Bath
--sqft
2624 Foothill Blvd, Oakland, CA 94601
$6,995,000
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Apartment
Built in 1928
$-- HOA
11,400 sqft lot
--/sqft
Description
This very nostalgic 3 story marina style building property located at 2624 Foothill Blvd in Oakland California. Building description size is 29,423 square feet with 40 units. It is a great central business district location. It is in the heart of Oakland’s Fruitvale district close to Lake Merritt. It has a concrete foundation, wood frame on .26-acre lot. The majority of the units have been substantially renovated. With 37% upside in rents, this building allows the next owner to increase returns and leverage investment in the hot Oakland market. The subject is a 40-unit apartment building which is three stories over a basement with 37% upside in the rents. The prior owner...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1928
HOA Fees
-
Finished Area
- sqft
Lot Size
11,400 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41130335
MLS Status
Active
Days on Market
49
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