Oakland Mixed-Use Investment
For Sale
$1,100,000
5503 Foothill Blvd, Oakland, CA 94605
Mixed-use property with residential and commercial income potential.
Property Size4,753 SF
Lot Size0.06 Acres
Price / SF$231.43
Days on Market232
Property Features for 5503 Foothill Blvd
General Information
Standard status
Active
Size
4,753 SF
Lot size
0.06 Acres
Property subtype
Commercial
Building Details
Year Built
1917
Listing Agency:
KELLER WILLIAMS TRI VALLEY REALTY
(925) 397-4200
Listed By:
NOLAN JONES · License #01509417
(510) 398-1626
Source:
Corcoran
Added: Jan 15
Changed: Aug 14
Last Checked: Sep 1 at 8:33PM
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 KELLER WILLIAMS TRI VALLEY REALTY
Investment Insights
Based on property information with market context.
The property at 5503 Foothill Blvd in Oakland presents a mixed-use investment opportunity, blending residential and commercial income potential in a highly visible corridor. Constructed in 1917, the building encompasses approximately 4,753 square feet on a 2,550-square-foot lot. The residential component includes one one-bedroom/one-bath unit and five studio units, with three studio units currently vacant. Two street-level commercial spaces are part of the building, with one anticipated to be delivered vacant, offering flexibility for a new tenant or owner-user. The property's combination of residential turnover, commercial frontage, and strategic location along Foothill Blvd provides an opportunity to reposition units and enhance long-term value.
Key Highlights
- Mixed‑use property with residential and commercial income potential.
- High‑visibility location on Foothill Blvd.
- Opportunity to reposition units and enhance long‑term value.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$86,242
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,724,840
$1.7M
Cap Rate 7%
$1,232,029
$1.2M
Cap Rate 9%
$958,244
$958.2K
Market Conditions
NOI Build-Up for 4,753 SF
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.
Gross rent
$165.4K $34.80/SF
− Vacancy
−$8.6K −$1.81/SF
EGI
$156.8K $32.99/SF
− OpEx
−$70.6K −$14.85/SF
NOI
$86.2K $18.14/SF
Area
ZIP 94605
Vacancy
5.20%
Lease Rate
$34.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,724,840
Cap Rate 7%
$1,232,029
Cap Rate 9%
$958,244
Alternative Uses
Best Use
Apartment 5plus
$1.23M
$1.08M – $1.44M
NOI $86,242 @ 7.0% cap · market cap 7.84%
Second Best
Mixed Use
$937.0K
$819.9K – $1.09M
NOI $65,591 @ 7.0% cap · market cap 5.96%
Theoretical Best
Multifamily LT 5
$1.37M
$1.20M – $1.60M
NOI $96,210 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
843
Businesses Nearby
Explore this area
Business Placement
Demographics for 94605, CA
44,294
Population
17,686
Households
2.5
Avg Household Size
39
Median Age
43%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
5,033
Density / Sq Mi
$101,043
Median Household Income
$62,590
Median Earnings
$1,867
Median Rent
$840,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with residential and commercial income potential.
Where is this mixed-use property located?
The property is located at 5503 Foothill Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Mixed‑use property with residential and commercial income potential.; High‑visibility location on Foothill Blvd.; Opportunity to reposition units and enhance long‑term value.
