2555 Foothill BLVD, Oakland, CA 94601

$11,501,000
30,012
SqFt

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Listed by Alina Siert, 408-712-7692 from KW Advisors
(If provided) CoList: from

List Price
$11,501,000
MLS#
ML82064270
Status
ACTIVE
Sqft. of Residence
30,012
Lot Size
34,412
Year Built
1947

Property Description

Offered only as part of a four-building, 181-unit portfolio in Oakland's Fruitvale district at $33,486,000; the buildings are not sold separately. Building 3 of 4: 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. The portfolio: 1757 26th Ave (39 units), 1900 26th Ave (41 units + 45 garages), 2555-2567 Foothill Blvd (61 units) and 2624 Foothill Blvd (40 units).

Additional Information

Cooling System
Other
Foundation
Other
Garage Parking
Other
Heating System
Other
Living Area
30,012
Lot Size
34,412
Other Utilities
Other
Roof
Other
Sewer
Other
Unincorporated Yn
Yes
Zoning
RM-4

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