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Berkshire Hathaway HomeServices Ca Properties
2555 Foothill Boulevard, Oakland, CA 94601
- $11,501,000
- List Price
- $11,501,000
- Status
- ACTIVE
- MLS#
- ML82064270
- Year Built
- 1947
- Lot Size
- 34,412
- Acres
- 0.79
- Days on Market
- 8
- Property Type
- Commercial
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.
Additional Information
- Taxes
- $150,097
- Cooling
- Yes
- Roof
- Other
- Water
- Other
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $1,205,556
Listing courtesy of Listing Agent: Alina Siert (alina@siertgroup.com) from Listing Office: KW Advisors.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.