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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

Listed by Alina Siert • KW Advisors, DRE#01893238

$11,501,000

Est. payment - /mo

30,012 SqFt

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Open House

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

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Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 30,012 sqft

Price per Sqft $383

MLS Listing ID ML82064270

Year Built 1947

Lot Size 0.790 Acres

Property Sub-Type Five or More Units

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

Heating Other

Cooling Other

Exterior

Parking Features Other

Utilities Available Other

Roof Type Other

Building

Foundation Other

Sewer Other

Water Other

Others

Restrictions Other

Tax ID 025-0734-030

Security Features Other

Special Listing Condition Not Applicable

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Sean Beattie Jr.

+1(415) 845-8732

Agent CA DRE# 01944311

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2555 Foothill BLVD Oakland, CA 94601

Sean Beattie Jr.

Open House

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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