2555 Foothill Boulevard, Oakland, CA 94601
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2555 Foothill Boulevard, Oakland, CA 94601
2555 Foothill Boulevard, Oakland, CA 94601
2555 Foothill Boulevard, Oakland, CA 94601
2555 Foothill Boulevard, Oakland, CA 94601
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$ 11,501,000
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2555 Foothill Boulevard Oakland, CA 94601

30,012 SqFt


Open House

Sat Oct 17, 11:00am - 1:00pm

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 30,012 sqft

Price per Sqft $383

MLS Listing ID ML82064270

HOA Y/N No

Year Built 1947

Lot Size 0.790 Acres

Property Sub-Type Other

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.

Location

State CA

County Alameda

Zoning RM-4

Interior

Heating Other

Cooling Other

Fireplace No

Exterior

Handicap Access Other

Building

New Construction No

Others

Tax ID 0250734030


Bridge MLS
Listed by Alina Siert • KW Advisors

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2555 Foothill Boulevard