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In-PersonVirtual Tour
$ 11,501,000
Est. payment /mo
Open Sat 11AM-1PM
2555 Foothill BLVD Oakland, CA 94601
0.79 Acres Lot
Open House
Sat Oct 17, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82064270
HOA Y/N No
Year Built 1947
Annual Tax Amount $150,097
Lot Size 0.790 Acres
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).
Location
State CA
County Alameda
Zoning RM-4
Interior
Fireplace No
Exterior
Carport Spaces 34
Utilities Available Other
Roof Type Other
Total Parking Spaces 11
Building
Water Other
Schools
School District Other
Others
Tax ID 0250734030
Special Listing Condition Standard
Listed by Alina Siert KW Advisors #01893238
Kim And Raquel - Good Day Home Team
Agent License ID: 01165332/370499
+1(661) 373-6597 | kimthurman365@gmail.com