1846 Foothill Blvd, Oakland, CA for sale

Investment Overview

The Mitchell Warren Team is pleased to present 1846 Foothill Blvd, a well-maintained 10-unit multifamily asset consisting of seven residential apartments and three ground-floor live/work units. The unit mix includes three (3) large live/work units, one (1) one-bedroom/one-bathroom unit, and six (6) studio units. The property has been extensively upgraded, including fully renovated live/work units, seismic enhancements, and electrical and plumbing improvements. With its classic Mediterranean architecture, prominent corner location, and strong day-one returns, 1846 Foothill Blvd represents a compelling opportunity to acquire a stable multifamily asset in one of Oakland's primary commercial corridors.

Investment Highlights

• 10-unit multifamily asset featuring seven (7) residential apartments and three (3) renovated live/work units
• Improvements include fully renovated live/work units, seismic enhancements, and electrical and plumbing upgrades
• Strong in-place cash flow offering attractive day-one returns with additional long-term upside
• Prominent corner location on Foothill Boulevard with excellent visibility and a classic Mediterranean architectural design
• Convenient access to Downtown Oakland, Lake Merritt, Fruitvale and Lake Merritt BART, with quick connectivity to I-580, I-880, and Highway 13
• Located in Oakland's San Antonio neighborhood, benefiting from a diverse tenant base, nearby employment centers, and strong residential demand