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1631 Foothill Blvd, Oakland, CA, 94606

1631 Foothill Blvd

$1,100,000

Key Information

Cap Rate
7.22%
$ per SF
$218
Tot. SF
5,037
Units
7
Year Built
1912
Type
Apartments
NOI
$79,444

Highlights

Prime Location

  • Situated directly across from San Antonio Park, widely regarded as one of Oakland’s cleanest and best-maintained public parks.

Turnkey Value-Add Opportunity

  • 7 total residential units across 3 separate structures (1 Quadplex, 1 Duplex, and 1 Standalone Single-Family Home).

Significant Upside Potential

  • 4 units delivered vacant, offering an immediate opportunity for market-rate leasing or strategic renovation.

Blank Canvas Single Family Home

  • The standalone single-family home has been taken down to the studs, providing a rare blank canvas for a full custom build-out or expansion.

Unit Optimization Potential

  • All existing 1-bed/1-bath units in the Quadplex feature layouts amenable to conversion into 2-bed/1-bath units to maximize rental yields.

Capital Improvement Savings

  • Upgraded electrical service already completed in the Quadplex, lowering immediate capital expenditure requirements.

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245