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Listed by Fred Rubio • Marcus & Millichap • 650-391-1700
$1,645,000
Est. payment /mo
5,242 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,242 sqft
Price per Sqft $313
MLS Listing ID ML82062172
HOA Y/N No
Year Built 1922
Lot Size 0.253 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
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.
Location
State CA
County Alameda
Interior
Heating Other
Cooling None
Fireplace No
Building
Water Public
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© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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