Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3824 Foothill Blvd Oakland, CA 94601-4235
    Back to Search
    Property profile & analytics

    3824 Foothill Blvd, Oakland, CA 94601-4235

    View on Map
    • Investment properties
    • 2,077 SF
    • 0.09 lot acres
    Off-Market
    Last Sale Sep 23, 2024
    $830,000
    Property ID
    US09-7665881
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 3824 Foothill Blvd

    Year built
    1915
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    32-2087-24-1
    APU
    322087241

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 23, 2024 $830,000 Nagi International Corporation Moufeed K Mohamed Grant Deed —
    Dec 6, 2016 — Moufeed K Mohamed — Deed · related $160k · Summit Bank
    Oct 10, 2016 — Premier Trust INC Giannotti,mary Ann Affidavit Of Death · related —
    Jan 13, 2010 — Lisa M Powers Hubbard,eugene A Affidavit Of Death · related —
    Feb 23, 2000 $165,000 Moufeed K Mohamed Schultz Trust Grant Deed $160k · Mercantile Finance Co INC
    Jun 1, 1978 $27,500 William G Shultz — Grant Deed · related —
    — — William G Shultz — Deed Of Trust · related $91k · Beneficial California INC
    — — William G Shultz — Deed Of Trust · related —
    — — Moufeed K Mohamed — Deed Of Trust · related $100k · Mercantile Finance Co INC
    — — Moufeed K Mohamed — Deed Of Trust · related $160k · Summit Bk
    — — Moufeed K Mohamed — Deed Of Trust · related $30k · Mercantile Finance Co INC

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.216
    Latitude
    37.7788
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,712
    $43,846
    $120,088
    $163,934
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $590,000
      7,185 SF

      1730 50th Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      1730 50th Ave, Oakland, CA 94601-5315
      View Details
    • Value Estimation
      $1,740,000
      12,511 SF

      2681 Fruitvale Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      2681 Fruitvale Ave, Oakland, CA 94601-2034
      View Details
    • Value Estimation
      $775,000
      5,111 SF

      2712 Fruitvale Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      2712 Fruitvale Ave, Oakland, CA 94601-2016
      View Details
    • Value Estimation by Request
      3,152 SF

      2336 International Blvd

      OFFICE/RESIDENTIAL (MIXED USE)
      2336 International Blvd, Oakland, CA 94601-1019
      View Details
    • Value Estimation by Request
      3,621 SF

      1420 46th Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      1420 46th Ave, Oakland, CA 94601-4523
      View Details
    • Value Estimation
      $885,000
      6,172 SF

      1411 36th Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      1411 36th Ave, Oakland, CA 94601-3557
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,420 SF

      Fruitvale Mixed-Use Investment Opportunity

      Mixed-use property with seller financing in vibrant Fruitvale neighborhood.
      1290 26Th Ave, Oakland, CA 94601
      View Details
    • $5,695,000
      30,457 SF

      Fruitvale Avenue Mixed-Use Investment

      Mixed-use property with apartments, commercial spaces, and parking.
      1479 Fruitvale Ave, Oakland, CA 94601
      View Details
    • $3,695,000

      Fruitvale Mixed-Use Investment Opportunity

      Mixed-use property with seller financing and value-add potential.
      1290 26Th Ave, Oakland, CA 94601
      View Details
    • $889,000
      3,564 SF

      Oakland Mixed-Use Investment Opportunity

      Well-maintained, fully occupied mixed-use property in a vibrant Oakland location.
      3700 Foothill Blvd, Oakland, CA 94601
      View Details
    • $2,900,000

      Mixed-Use Investment Property For Sale

      Mixed-use property with commercial and residential units, plus business.
      2655 Fruitvale Ave, Oakland, CA 94601
      View Details

    Similar Nearby for Lease

    • $2,314 /Mo
      Pending

      Oakland Mixed-Use Flexible Space

      Unique mixed-use property in a rapidly developing Oakland area.
      3532 San Leandro St, Oakland, CA 94601
      View Details
    • Contact for pricing
      7,100 SF

      Oakland Office Space Available

      Office space available for rent in Oakland, CA.
      1940-1946 Embarcadero, Oakland, CA 94601
      View Details
    • Contact for pricing

      Prime Commercial Space in Fruitvale

      Former salon in bustling Fruitvale Shopping District, ideal for various businesses.
      3017 Foothill Blvd, Oakland, CA 94601
      View Details
    • Contact for pricing
      1,731 SF

      Retail Space with Freeway Exposure

      Retail spaces available with high visibility and freeway access.
      3070 E 9Th St, Oakland, CA 94601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3824 Foothill Blvd
    Oakland, CA 94601-4235
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3824 Foothill Blvd, Oakland, CA, 94601
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!