Oakland Mixed-Use Investment
5503 Foothill Blvd Oakland, CA 94605
5503 Foothill Blvd, Oakland, CA, 94605
$1,100,000
For Sale
$1,100,000
Mixed-use property with residential and commercial income potential.
Property Size4,753 SF
Lot Size0.06 Acres
Price / SF$231.43
Days on Market187
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
Source
Corcoran
Added: Jan 15 Updated: Jul 6 at 10:10 am Checked: Jul 19 at 4:18 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 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.
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 | $165.4k | $34.80 |
| − Vacancy | −$8.6k | −$1.81 |
| EGI | $156.8k | $32.99 |
| − OpEx | −$70.6k | −$14.85 |
| NOI | $86.2k | $18.14 |
4,753 SF · lease $34.80/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.23M
$1.08M – $1.44M
NOI $86,242 @ 7.0% cap · market cap 7.84%
Second Best
Retail
$949.6K
$830.9K – $1.11M
NOI $66,475 @ 7.0% cap · market cap 6.04%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Deborah's Hair Affair
Hair Salon
Similar For Sale Nearby
FAQs
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.