6868 Foothill Blvd

Oakland, CA 94605

$1,799,999

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1951

calendar_month Built

Property Description

Proud to present to you this beautiful 8-unit apartment complex offering eight 2bd/1ba upgraded units each with its own garage. This amazing cash flow property has a 7.5% cap rate and 9.83 GRM on current rent. The property has several remodeled units, and offers approximately 6500 square feet of rental space. Five units are currently rented to Section 8 tenants. All units have separate PG&E and water meters allowing for low operating costs. Laundry machines on site. Close to shops and all major freeways. This is a great investment, low risk, and plenty of upside.

Listing Information

List Price $1,799,999
Status Active
MLS 41070427
HOA $0
Type Residential Income
Year Built 1951
Lot Size 7,634
Structure Size N/A
DOM 7
Courtesy Of Mojaddidi & Associates
Listing Agent Tariq Mojaddidi DRE#02096290

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Tariq Mojaddidi, Mojaddidi & Associates . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 27th, 2024 at 1:49 PM 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.