Remodeled Multifamily Property in
415 Foothill Blvd Oakland, CA 94606
415 Foothill Blvd, Oakland, CA, 94606
$1,200,000
For Sale
$1,200,000
Remodeled multifamily property featuring updated units and exterior.
Property Size4,598 SF
Price / SF$260.98
Days on Market111
Property Features for 415 Foothill Blvd
General Information
- Standard status
- Active
- Size
- 4,598 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1895
Listing Agency
QUANTUM REAL ESTATE
(650) 652-9899
Listed by
NORMAN TANG
Source
Corcoran
Added: Mar 31 Checked: Jul 19 at 4:41 am
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 QUANTUM REAL ESTATE
Investment Insights
Based on property information with market context.
This multifamily property features remodeled units with mostly dual pane windows and wood floors. New refrigerators and stoves have been installed for all new tenants. The property's sidings and exterior walls were recently updated in December. The property size is 4598 square feet.
Key Highlights
- Remodeled units with wood floors.
- Dual pane windows throughout.
- New refrigerator and stove for new tenants.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $173.8k | $37.80 |
| − Vacancy | −$9.6k | −$2.08 |
| EGI | $164.2k | $35.72 |
| − OpEx | −$73.9k | −$16.07 |
| NOI | $90.3k | $19.65 |
4,598 SF · lease $37.80/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,335 @ 7.0% cap · market cap 7.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,618 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Remodeled multifamily property featuring updated units and exterior.
Where is this apartment building located?
The property is located at 415 Foothill Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Remodeled units with wood floors.; Dual pane windows throughout.; New refrigerator and stove for new tenants.
