3518 Foothill Blvd, Oakland, CA 94601

$4,195,000
20,969
SqFt

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List Price
$4,195,000
MLS#
41151676
Property Type
Multifamily
Sqft. of Residence
20,969
Lot Size
8,237
Region
Oakland Zip 94601
Status
ACTIVE
County
Alameda
Acres
0.19
Year Built
1935

Property Description

Pleased to present 3518-3530 Foothill Boulevard, a twenty-eight (28)-unit mixed-use property in Oakland's Fruitvale neighborhood. Built in 1935, the approximately 20,969-square-foot property features five (5) ground-floor retail spaces and twenty-three (23) residential units, providing a diversified income stream. The property has benefited from extensive capital improvements, including a new intercom system, security camera system, seismic upgrades, newer roof and boiler, water heater replacement, sewer lateral replacement, electrical upgrades, fire alarm system, baseboard heat conversion, plumbing upgrades, and LED lighting throughout the common areas. Additional amenities include an on-site laundromat, further enhancing tenant convenience and long-term asset value. With its diversified unit mix, significant recent improvements, and strong in-place income, the property presents a compelling mixed-use investment opportunity in one of Oakland's established rental corridors. The property is located in Oakland's Fruitvale neighborhood along the highly traveled Foothill Boulevard corridor, offering exceptional visibility and convenient access for both residential and commercial tenants. The property is just minutes from Fruitvale BART, Interstate 580, Interstate 880, and International Boulevard, providing seamless connectivity throughout Oakland and the greater Bay Area. Residents and businesses benefit from close proximity to neighborhood shopping, restaurants, schools, parks, and everyday amenities, while Downtown Oakland, Jack London Square, and major employment centers are only a short drive away. With strong transportation access, a vibrant commercial corridor, and continued demand for both retail and residential space, 3518-3530 Foothill Boulevard is well positioned in one of Oakland's most established mixed-use submarkets.

Additional Information

Basement
None
Living Area
20,969
Lot Size
8,237
Possession
Close Of Escrow
Region
Oakland Zip 94601
Roof
Composition
Subdivision
Fruitvale

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Calculator source: Real Geeks

Listing courtesy of NAI Northern California.

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