2555 Foothill Blvd, Oakland, CA 94601
- $11,501,000
- 30,012
- SqFt
- List Price
- $11,501,000
- MLS#
- 82064270
- Property Type
- Multifamily
- Sqft. of Residence
- 30,012
- Lot Size
- 34,412
- Region
- Oakland Zip 94601
- Status
- ACTIVE
- County
- Alameda
- Acres
- 0.79
- Year Built
- 1947
- Parking Spaces
- 45
Property Description
Offered with 1757 26th Ave as a same-block pair at $18,496,000 (100 units), or with all four buildings of the 181-unit Fruitvale Portfolio at $33,486,000; not sold individually. Casa Magna, 2555-2567 Foothill Boulevard: 61 apartments in two three-story buildings on a 0.79-acre parcel, renovated in 2014 down to the studs and foundation: 21 studios, 17 one-bedrooms and 23 two-bedrooms in about 30,012 SF. Gated entry, security cameras, 45 parking spaces including covered carports, and a large on-site laundry room. Separately metered gas and electric. City of Oakland soft-story exemption granted in 2022. Pro forma market rents run about 10% above in-place rents. About 0.7 mi from Fruitvale BART and Fruitvale Village. West Block pair: 7.54% current / 7.03% pro forma cap. All four: 7.69% current / 7.61% pro forma cap. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
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Additional Information
- Foundation
- Other
- Living Area
- 30,012
- Lot Size
- 34,412
- Region
- Oakland Zip 94601
- Roof
- Other
- Utilities
- Other
- Zoning
- RM-4
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Listing courtesy of KW Advisors.
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