61-Unit Apartment
For Sale
$11,501,000
Foothill, Oakland, CA 94601
ResidentialIncome, Oakland, CA
Property Size30,012 SF
Lot Size0.79 Acres
Price / SF$383.21
Days on Market13
Property Features for Foothill
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM-4
Parking
11
Elementary school
OaklandUnified
High school
OaklandUnified
Elementary school district
OaklandUnified
High school district
OaklandUnified
Subdivision
OaklandZipCode94601
Standard status
Active
APN
025-0734-030
Size
30,012 SF
Lot size
0.79 Acres
Amenities
gated entry
security cameras
on-site laundry room
separately metered gas and electric
Building Details
Year built
1947
Listing Agency:
KW Advisors · Keller Williams Realty
(650) 627-3700
Listed By:
Alina Siert · License #01893238
(408) 712-7692
Added: Oct 10
Changed: Oct 21
Last Checked: Oct 22 at 1:06AM
MLS# ML82064270
Copyright © 2026 MLS Listings, Inc. 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.
Casa Magna comprises 61 apartments across two three-story buildings on a 0.79-acre parcel. The 30,012-square-foot property was renovated in 2014, with work extending to the foundation. Its unit mix includes 21 studios, 17 one-bedroom apartments, and 23 two-bedroom apartments. Residents have access to a gated entry, security cameras, 45 parking spaces, covered carports, and a large laundry room. Gas and electric service are separately metered, and Oakland granted a soft-story exemption in 2022.
The property is approximately 0.7 miles from Fruitvale BART and Fruitvale Village. It is offered with 1757 26th Ave as a two-property package or as part of the four-building Fruitvale Portfolio; individual sale is not available.
The property is approximately 0.7 miles from Fruitvale BART and Fruitvale Village. It is offered with 1757 26th Ave as a two-property package or as part of the four-building Fruitvale Portfolio; individual sale is not available.
Key Highlights
- 61 apartments: 21 studios, 17 one‑bedrooms, and 23 two‑bedrooms
- Two three‑story buildings totaling 30,012 SF on a 0.79‑acre parcel
- Renovated in 2014, with work extending to the foundation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$639,013
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,780,260
$12.8M
Cap Rate 7%
$9,128,757
$9.1M
Cap Rate 9%
$7,100,144
$7.1M
Market Conditions
NOI Build-Up for 30,012 SF
Gross rent
$1.21M $40.20/SF
− Vacancy
−$44.6K −$1.49/SF
EGI
$1.16M $38.71/SF
− OpEx
−$522.8K −$17.42/SF
NOI
$639.0K $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%
$12,780,260
Cap Rate 7%
$9,128,757
Cap Rate 9%
$7,100,144
Alternative Uses
Best Use
Apartment 5plus
$9.13M
$7.99M – $10.65M
NOI $639,013 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.23M
$10.70M – $14.27M
NOI $856,324 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,132
Businesses Nearby
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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?
Apartment building - Two three-story buildings include gated access, on-site laundry, and separately metered gas and electric.
Where is this apartment building located?
The property is located at Foothill Oakland, CA.
What is the asking price?
The asking price for this property is $11,501,000.
What are key features of this property?
This property features: 61 apartments: 21 studios, 17 one‑bedrooms, and 23 two‑bedrooms; Two three‑story buildings totaling 30,012 SF on a 0.79‑acre parcel; Renovated in 2014, with work extending to the foundation
