3518-3530 Foothill Blvd - Apartments FOR SALE


Oakland, CA 94601- Harrington
$4,195,000 USD
707-363-2463
3518-3530 Foothill Blvd, Oakland, CA for Sale
$4,195,000 USD
Apartments - FOR SALE
1/18
null | 9.13% Cap Rate

3518-3530 Foothill Blvd
Oakland, CA 94601
Harrington


HIGHLIGHTS

  • Twenty-Eight (28) Unit Mixed-Use Property: Five (5) Retail Spaces and Twenty-Three (23) Residential Units
  • Diverse Unit Mix: Fifteen (15) Studios, Six (6) One-Bedroom/One-Bath Units, and Two (2) Two-Bedroom/One-Bath Units
  • Extensive CapEx: Seismic, Roof, Electrical Subpanels, Plumbing, Boiler, Sewer, Fire Alarm, Intercom, Security Cameras, and LED Lighting
  • Tenant Amenities: On-Site Laundromat, Secured Access, Thoughtfully Renovated Common Areas
  • Strong Mixed-Use Corridor: High-Visibility Foothill Boulevard Location Near Fruitvale BART
  • Excellent Access: Interstate 580, Interstate 880, Downtown Oakland, and Major Employment Centers

OVERVIEW

The Mitchell Warren Team is pleased to present 3518–3530 Foothill Boulevard, a twenty-eight (28)-unit mixed-use property in Oakland’s Fruitvale neighborhood. Built in 1935, the approximately 20,969-square-foot property features five (5) ground-floor retail spaces and twenty-three (23) residential units, providing a diversified income stream. The property has benefited from extensive capital improvements, including a new intercom system, security camera system, seismic upgrades, newer roof and boiler, water heater replacement, sewer lateral replacement, electrical upgrades, fire alarm system, baseboard heat conversion, plumbing upgrades, and LED lighting throughout the common areas. Additional amenities include an on-site laundromat, further enhancing tenant convenience and long-term asset value. With its diversified unit mix, significant recent improvements, and strong in-place income, the property presents a compelling mixed-use investment opportunity in one of Oakland’s established rental corridors. The property is located in Oakland’s Fruitvale neighborhood along the highly traveled Foothill Boulevard corridor, offering exceptional visibility and convenient access for both residential and commercial tenants. The property is just minutes from Fruitvale BART, Interstate 580, Interstate 880, and International Boulevard, providing seamless connectivity throughout Oakland and the greater Bay Area. Residents and businesses benefit from close proximity to neighborhood shopping, restaurants, schools, parks, and everyday amenities, while Downtown Oakland, Jack London Square, and major employment centers are only a short drive away. With strong transportation access, a vibrant commercial corridor, and continued demand for both retail and residential space, 3518–3530 Foothill Boulevard is well positioned in one of Oakland’s most established mixed-use submarkets.

FOR SALE DETAILS

PRICE

$4,195,000 USD

PRICE/SF

$200 USD /SF

# OF UNITS

23

PRICE/UNIT

$182,391

CAP RATE

9.13%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HUGE Cash Flow | Significant Improvements

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

RU-5

APN/PARCEL ID

032-2116-011-02

ASK ABOUT THIS PROPERTY

Timothy WarrenNAI Northern CaliforniaMore Info
707-363-2463

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Timothy WarrenNAI Northern CaliforniaMore Info
707-363-2463

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.