Remodeled
For Sale
$999,000
16522 Foothill BLVD, Castro Valley, CA 94578
Two separate residences offer private entrances, in-unit laundry, refreshed kitchens, and updated bathrooms.
Property Size1,670 SF
Days on Market8
Property Features for 16522 Foothill BLVD
General Information
Standard status
Active
Size
1,670 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
in-unit laundry
Building Details
Building Size
1,670 SF
Year Built
1956
Listing Agency:
eXp Realty of Northern California, Inc.
Listed By:
Anton Lazarenko · License #02177813
(650) 862-3173
Source:
Johnpaye
Added: Oct 7
Changed: Oct 13
Last Checked: Oct 13 at 12:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of Northern California, Inc.
Investment Insights
Based on property information with market context.
This duplex contains two units, each arranged with 2 bedrooms and 1 bathroom, for a combined total of 4 bedrooms and 2 bathrooms. Both residences have been remodeled, with new flooring, fresh paint inside and out, updated bathrooms, and kitchens fitted with quartz counters, new cabinetry, and stainless appliances. Each unit has its own entrance and in-unit laundry. A new roof was also installed; the property was built in 1956.
The property is at 16522 Foothill Boulevard in Castro Valley, with access to I-580, I-238, and Castro Valley BART. Shopping and dining are nearby.
The property is at 16522 Foothill Boulevard in Castro Valley, with access to I-580, I-238, and Castro Valley BART. Shopping and dining are nearby.
Key Highlights
- Two‑unit duplex with 4 bedrooms and 2 bathrooms total
- Each unit includes 2 bedrooms and 1 bathroom, a separate entrance, and in‑unit laundry
- Remodel includes quartz counters, new cabinetry, stainless appliances, updated bathrooms, and new flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,054
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,121,080
$1.1M
Cap Rate 7%
$800,771
$800.8K
Cap Rate 9%
$622,822
$622.8K
Market Conditions
NOI Build-Up for 1,670 SF
Gross rent
$85.2K $51.00/SF
− Vacancy
−$5.1K −$3.05/SF
EGI
$80.1K $47.95/SF
− OpEx
−$24.0K −$14.39/SF
NOI
$56.1K $33.57/SF
Area
Alameda County, CA
Vacancy
5.98%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,121,080
Cap Rate 7%
$800,771
Cap Rate 9%
$622,822
Alternative Uses
Best Use
Multifamily LT 5
$800.8K
$700.7K – $934.2K
NOI $56,054 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$345.6K
$302.4K – $403.2K
NOI $24,192 @ 7.0% cap · market cap 2.42%
Theoretical Best
Retail
$7.61M
$6.66M – $8.88M
NOI $532,941 @ 7.0% cap · market cap 53.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
Explore this area
Business Placement
Demographics for 94578, CA
40,957
Population
14,819
Households
2.8
Avg Household Size
37
Median Age
25%
College-Educated
82%
High-School Grad
4.6 sq mi
ZIP Area
8,904
Density / Sq Mi
$89,149
Median Household Income
$47,672
Median Earnings
$2,077
Median Rent
$793,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer private entrances, in-unit laundry, refreshed kitchens, and updated bathrooms.
Where is this duplex located?
The property is located at 16522 Foothill BLVD Castro Valley, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two‑unit duplex with 4 bedrooms and 2 bathrooms total; Each unit includes 2 bedrooms and 1 bathroom, a separate entrance, and in‑unit laundry; Remodel includes quartz counters, new cabinetry, stainless appliances, updated bathrooms, and new flooring
