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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 7.54% rate and 8.0 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.
Last Updated | 4/7/2025 | Tract | SAN ANTONIO |
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Year Built | 1912 | County | Alameda |
Price History
Prior to Apr 7, '25 | $1,050,000 |
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Apr 7, '25 - Today | $975,000 |
Additional Details
AIR CONDITIONING | Yes |
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CONSTRUCTION | Stucco |
HEAT | See Remarks |
HOA DUES | 0 |
LOT | 7000 sq ft |
LOT DESCRIPTION | Street Level |
SUBDIVISION | SAN ANTONIO |
ZONING | RM-2 |
Location
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