Sold
16424 Foothill Blvd
San Leandro CA, 94578
$6,875,000
$319.38 per sqft
Sold
21,526 sqft
Commercial
Built in 1968
Foothill Terrace is a 25-unit apartment community located in San Leandro, CA. Situated on a 1.19 AC parcel, the property was built in 1988, and has +-21,526 net rentable square feet. The well-maintained property, consisting of four separate buildings is only minutes from Downtown San Leandro. Located only 4.9 miles from the main San Leandro BART station, and 1.6 miles from the Bay Fair station. Owned and managed by the same family since its completion in the late 80's, Foothill Terrace is offered to investors for only the second time. The desirable unit mix of all two bedroom/two bath units, includes a true master bedroom with on-suite bathroom and walk-in closet. Two units include washer/dryers. Significant exterior work completed, incl. new siding, roofs, paint, balcony replace/repair. Significant opportunity to add significant value by renovating units in original condition and completing partially renovated units. Over $119k in rent upside.
40943451
MLSⓇ ID
February 15, 2024
Updated
Map
16424 Foothill Blvd
San Leandro CA, 94578
Interior Features
Interior Features
Storage
Appliances
Dishwasher, Disposal, Built-In Range, Refrigerator
Laundry Description
Coin Operated, Common Area, Washer/Dryer Stacked Incl
Floor Description
Laminate, Linoleum, Vinyl, Carpet, Engineered Wood
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
1.19 Acres
Lot Features
Sloped Up
Roof
Composition Shingles
Sewer
Public Sewer
Other Property Details
Area Name
San Leandro
Garage
No
Parking
Carports - 2 Or More, Covered, Space Per Unit - 2
View
Yes
View Description
Bay, San Francisco, Bridges
County
Alameda
Water Source
Public
Pool
No
Listed by Richard Martini with Colliers International
Listing Contact: 925-279-4614
Bay East ©2024 CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 7:45 PM UTC, 2/15/2024.