61146120 Foothill, Oakland, CA 94605
Bedrooms: 0
Bathrooms: 0
Area: 0 SqFt.
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.
CA DRE #01870580
6965 El Camino Real 105-690, Carlsbad CA 92009
877.692.8427



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