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2624 Foothill Blvd

Oakland, CA 94601
  • $8,995,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: 41037539
$8,995,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Listing Agent(s): Steven Peterson of Infinity Investments (510-675-7755)


Description

This very nostalgic 3 story marina style building property located at 2624 Foothill Blvd in Oakland California. Building description size is 29,423 square feet with 40 units. It is a great central business district location. It is in the heart of Oaklands Fruitvale district close to Lake Merritt. It has a concrete foundation, wood frame on .26-acre lot. The majority of the units have been substantially renovated. With 37% upside in rents, this building allows the next owner to increase returns and leverage investment in the hot Oakland market.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142938304
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2624 Foothill Blvd Oakland, CA 94601

  • Price: $8,995,000
  • Status: Active
  • On Site: 24 Days
  • ID#: 41037539
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1928
Built
County:
Alameda
Property Description
This very nostalgic 3 story marina style building property located at 2624 Foothill Blvd in Oakland California. Building description size is 29,423 square feet with 40 units. It is a great central business district location. It is in the heart of Oaklands Fruitvale district close to Lake Merritt. It has a concrete foundation, wood frame on .26-acre lot. The majority of the units have been substantially renovated. With 37% upside in rents, this building allows the next owner to increase returns and leverage investment in the hot Oakland market.
Exterior Features

Construction Materials Brick Veneer Lot Features Corner Lot Parking Total 20

Interior Features

Appliances Gas Water Heater Heating ElectricWall Furnace Heating YN Yes

Property Features

Listing Service Limited Service Property Sub Type Apartment Tenant Pays Gas



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Steven Peterson of Infinity Investments (510-675-7755)