1627 Foothill Blvd

Oakland, CA 94606 Active for $1,050,000
 


Beds: N/A  Baths:   Structure Size: N/A sqft  Lot Size: 7,000 sqft


Property Facts
MLS 41085664
Year Built 1912
Property Type
County Alameda
Status Active
Active $1,050,000
Structure Size N/A sqft
Lot Size 7,000 sqft
Beds N/A
Baths

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 7.12% rate and 8.4 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.

Listing information courtesy of: Graham King, Keller Williams VIP Properties 510-746-8240. *Based on information from the Association of REALTORS/Multiple Listing as of 03/31/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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