4-Unit Mixed-Use
For Sale
$879,000
3700 Foothill Blvd, Oakland, CA 94601
Corner property combines two commercial spaces with two occupied residential apartments in a transit-accessible Oakland corridor.
Property Size3,564 SF
Days on Market51
Property Features for 3700 Foothill Blvd
General Information
Standard status
Active
Size
3,564 SF
Property subtype
Quadruplex
Occupancy
100%
Site & Location
Neighborhood
Fruitvale
Corner Location
Yes
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Building Details
Building Size
3,564 SF
Year Built
1930
Tenancy
Multi
Listing Agency:
Real Estate Ebroker Inc
Listed By:
Son Luu · License #01711002
(510) 409-6855
Source:
Coastandcore
Added: Sep 6
Changed: Oct 26
Last Checked: Oct 24 at 11:55PM
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 Real Estate Ebroker Inc
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Investment Insights
Based on property information with market context.
Built in 1930, this 3,564-square-foot corner property contains four units: two commercial spaces at street level and two residential apartments above. All units are occupied, providing an established mixed-use configuration with commercial and residential tenancy in the same building.
The property fronts Foothill Blvd in Oakland and benefits from exposure to both pedestrian and vehicle activity. Fruitvale BART Station is nearby, with access to I-580 and I-880 also within a short drive. Schools, shops, and local businesses surround the corridor, adding established neighborhood context for the existing commercial and residential uses.
The property fronts Foothill Blvd in Oakland and benefits from exposure to both pedestrian and vehicle activity. Fruitvale BART Station is nearby, with access to I-580 and I-880 also within a short drive. Schools, shops, and local businesses surround the corridor, adding established neighborhood context for the existing commercial and residential uses.
Key Highlights
- 3,564‑square‑foot mixed‑use building constructed in 1930
- Four total units: two commercial and two residential
- All four units are currently occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,884
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,517,680
$1.5M
Cap Rate 7%
$1,084,057
$1.1M
Cap Rate 9%
$843,156
$843.2K
Market Conditions
NOI Build-Up for 3,564 SF
Gross rent
$143.3K $40.20/SF
− Vacancy
−$5.3K −$1.49/SF
EGI
$138.0K $38.71/SF
− OpEx
−$62.1K −$17.42/SF
NOI
$75.9K $21.29/SF
Area
ZIP 94601
Vacancy
3.70%
Lease Rate
$40.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,517,680
Cap Rate 7%
$1,084,057
Cap Rate 9%
$843,156
Alternative Uses
Best Use
Apartment 5plus
$1.08M
$948.6K – $1.26M
NOI $75,884 @ 7.0% cap · market cap 8.63%
Second Best
Mixed Use
$878.3K
$768.5K – $1.02M
NOI $61,479 @ 7.0% cap · market cap 6.99%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,691 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,988
Businesses Nearby
Explore this area
Business Placement
Demographics for 94601, CA
54,166
Population
17,454
Households
3.1
Avg Household Size
35
Median Age
24%
College-Educated
70%
High-School Grad
3.2 sq mi
ZIP Area
16,927
Density / Sq Mi
$66,651
Median Household Income
$37,765
Median Earnings
$1,651
Median Rent
$703,100
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner property combines two commercial spaces with two occupied residential apartments in a transit-accessible Oakland corridor.
Where is this mixed-use property located?
The property is located at 3700 Foothill Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: 3,564‑square‑foot mixed‑use building constructed in 1930; Four total units: two commercial and two residential; All four units are currently occupied
