Corner-Lot Apartment
1905 Foothill Blvd, Oakland, CA 94606
For Sale
$1,625,000
Multifamily building with storage, laundry appliances, wall furnace, and a garage oriented toward the street.
Property Size6,631 SF
Price / SF$245.06
Days on Market100
Property Features for 1905 Foothill Blvd
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Amenities
Wall Furnace
Dryer, Washer
Storage
Garage Faces Front
Building Details
Building Size
Year Built
Listing Agency:
NAI NORTHERN CALIFORNIA
Listed By:
Timothy Warren · License CA #02008347
(510) 336-4719
Source:
Evrealestate
Added: Aug 8
Changed: Nov 6
Last Checked: Nov 14 at 4:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI NORTHERN CALIFORNIA
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This apartment building was constructed in 1932 and occupies a corner position on Foothill Blvd. The property includes storage, a wall furnace, and washer and dryer appliances, with a garage that faces the street. The building is located between 19th Ave and 20th Ave in Oakland, within Alameda County.
Key Highlights
- Corner‑lot apartment building on Foothill Blvd
- 6,631 property size
- Built in 1932
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$130,276
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,605,520
$2.6M
Cap Rate 7%
$1,861,086
$1.9M
Cap Rate 9%
$1,447,511
$1.4M
Market Conditions
NOI Build-Up for 6,631 SF
Gross rent
$250.7K $37.80/SF
− Vacancy
−$13.8K −$2.08/SF
EGI
$236.9K $35.72/SF
− OpEx
−$106.6K −$16.07/SF
NOI
$130.3K $19.65/SF
Area
ZIP 94606
Vacancy
5.50%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,605,520
Cap Rate 7%
$1,861,086
Cap Rate 9%
$1,447,511
Alternative Uses
Best Use
Apartment 5plus
$1.86M
$1.63M – $2.17M
NOI $130,276 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.02M
$2.64M – $3.52M
NOI $211,445 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,548
Businesses Nearby
Explore this area
Business Placement
Demographics for 94606, CA
40,768
Population
17,457
Households
2.3
Avg Household Size
37
Median Age
40%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
17,725
Density / Sq Mi
$70,769
Median Household Income
$47,558
Median Earnings
$1,775
Median Rent
$747,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in Oakland, CA
Properties on Market for Apartment buildings in Oakland
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily building with storage, laundry appliances, wall furnace, and a garage oriented toward the street.
Where is this apartment building located?
The property is located at 1905 Foothill Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Corner‑lot apartment building on Foothill Blvd; 6,631 property size; Built in 1932
