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4-Unit Mixed-Use Property
For Sale
$879,000

3700 Foothill Blvd, Oakland, CA 94601

Residential Income, Oakland, CA

Property Size3,564 SF
Lot Size0.05 Acres
Price / SF$246.63
Days on Market49

Property Features for 3700 Foothill Blvd

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking features On Street
Exterior features Low Maintenance
Fencing Fenced
Subdivision Foothill
Lot features Corner Lot
Directions 580, 35TH AVE, FOOTHILL BLVD..
Standard status Active
APN 32208615
Size 3,564 SF
Lot size 0.05 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1930
Number of units 4
Flooring type Laminate, Tile
Building materials Composition Shingles, Stucco
Roof type Composition
Listing Agency: Real Estate Ebroker Inc
Listed By: Son Luu
Added: Sep 6 Changed: Oct 17 Last Checked: Oct 24 at 4:06PM
MLS# 41147341

Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1930 mixed-use building contains four units arranged across two commercial spaces at street level and two residential apartments above. The property is fully occupied, with laminate and tile flooring, stucco and composition-shingle construction, natural-gas heating, and a fenced site. Public water and sewer serve the building, while parking is available on the street.

The corner location at 3700 Foothill Blvd in Oakland places the commercial spaces along a corridor described as carrying consistent pedestrian and vehicle activity. Fruitvale BART Station, I-580, I-880, schools, shops, and local businesses are identified nearby. The parcel measures 0.0525 acres, and the building contains 3,564 square feet.

Key Highlights

  • Four total units: two commercial and two residential
  • 3,564‑square‑foot mixed‑use building on a 0.0525‑acre parcel
  • Fully occupied property with commercial spaces at ground level and apartments upstairs

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
Multifamily LT 5
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,739 @ 7.0% cap · market cap 9.30%
Second Best
Apartment 5plus
$1.08M
$948.6K – $1.26M (±1% cap)
NOI $75,884 @ 7.0% cap · market cap 8.63%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M (±1% cap)
NOI $101,691 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic HVAC Service Parking Lot & Garage Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,988
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner building with occupied commercial and residential spaces along Foothill Blvd.
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: Four total units: two commercial and two residential; 3,564‑square‑foot mixed‑use building on a 0.0525‑acre parcel; Fully occupied property with commercial spaces at ground level and apartments upstairs
More about this property
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