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2624 Foothill Blvd Oakland, CA 94601

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For Sale
$6,995,000

40-unit apartment building in Oakland's Fruitvale district.

Type:Commercial
Property size:
29,423 SF
Lot size:
0.26 Acres
Added:
Apr 10, 2026
Days on Market:
10
Last Refresh:
Apr 10 at 8:04 pm

Property Features for 2624 Foothill Blvd

General Information

Standard status
Active
Size
29,423 SF
Lot size
0.26 Acres
Property subtype
Commercial

Building Details

Year Built
1928

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Listing Contact
STEVEN PETERSON

Listing agent STEVEN PETERSON License #01746140

Listing office INFINITY INVESTMENTS

Listing date Apr 10, 2026

Source Corcoran

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 INFINITY INVESTMENTS


Overview

Oakland Multifamily Investment Opportunity

Located at 2624 Foothill Blvd in Oakland, California, this three-story marina-style building offers a multifamily investment opportunity. The property, situated on a 0.26-acre lot, comprises 29,423 square feet and contains 40 units. The complex has a unit mix of 18 studios, 19 one-bedroom units, and 3 two-bedroom units. The building is located in the heart of Oakland’s Fruitvale district, near Lake Merritt, and is positioned within a central business district. Constructed with a concrete foundation and wood frame, the property features a key fob entrance. The basement has poured concrete foundation and perimeter walls and an open beam ceiling. The units are individually metered for gas and electricity. A laundry room provides added convenience for residents and generates extra monthly income. Interior finishes include carpet or wood flooring in the living areas and bedrooms. A significant portion of the units have been substantially renovated. The soft story work and sewer lateral have been completed. The property includes a penthouse with a view. There is a reported 37% upside in rents.
Location Intelligence

Current Use by Public Records

California Affordable Housing Housing Authority Rey&t building cleaning ... General Contractor

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Oakland
County
Alameda
State
California
Longitude
-122.228101
Latitude
37.78485

FAQs

What type of property is this?
Apartment building - 40-unit apartment building in Oakland's Fruitvale district.
Where is this apartment building located?
The property is located at 2624 Foothill Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $6,995,000.
What are key features of this property?
This property features: 40‑unit apartment building in a central business district location.; Located in the heart of Oakland’s Fruitvale district, close to Lake Merritt.; Majority of units have been substantially renovated.
More about this property
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