16298 Foothill Blvd
Castro Valley, CA 94578
0
Bed
0
Bath
20,363Sqft(Lot)
16294–16298 Foothill Boulevard is an 8-unit, 100% occupied multifamily asset in Castro Valley priced at $281,250 per unit ($303/SF). In-place rents average $1,914 per month against $2,495 market rent, a 30.4% upside on turnover. The deal trades at a 5.18% in-place cap rate (12.25x GRM), with a 7.53% pro forma cap rate (9.39x GRM) once rents reach market. The unit mix is uniform: eight 928-square-foot two-bedroom, one-bath residences, each with full-size washer/dryer hookups. Built in 1979, the property sits on 0.47 acres with 10,000 SF of gross building area and 18 surface parking spaces — 2.25 per unit. The property is positioned in Alameda County's East Bay submarket with direct access to Interstate 580 and proximity to Interstate 238 and Interstate 880, connecting to San Leandro, Oakl
Property Details
Map
Map
What's Nearby
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Features
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Interior Features
Roof: ShingleAppliances: GasWaterHeater -
Heating & Cooling
Has Heating: Yes Heating: ForcedAir Has Cooling: Yes Cooling: None
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Building Information
Year Built: 1978Construction Materials: Stucco, WoodSidingPrivate Pool: No
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Lot Information
Main Square Feet: 20363 Lot Size Acres: 0.4675 Lot Size Square Feet: 20,363 Lot Description: CulDeSacProperty Information
Subdivision: FAIRMONT TERRACE Source Property Type: ResidentialIncome Property Age: 48
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Listing Price Information
Listing Price: $2250000
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Tax Information
Parcel Number: 80A18926 Annual Tax: $32024
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Parking Information
Parking Total: 18
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Location Information
Direction: Cross Street: Miramar Ave.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 16605 Rolando Ave, Castro Valley, CA, 94578 | $890,000 | 4 | 3 | 1,365 | 1,365 SqFt |
| 16805 President Dr, Castro Valley, CA, 94578 | $699,950 | 3 | 2 | 1,454 | 1,454 SqFt |
| 16516 Foothill Blvd, Castro Valley, CA, 94578 | $709,900 | 3 | 2 | 1,524 | 1,524 SqFt |
| 2000 Miramar Ave, Castro Valley, CA, 94578 | $1,099,000 | 5 | 4 | 1,932 | 1,932 SqFt |
| 16004 Wellington Way, Castro Valley, CA, 94578 | $950,000 | 3 | 3 | 1,315 | 1,315 SqFt |
| 2082 Placer Drive, Castro Valley, CA, 94578 | $735,000 | 3 | 2 | 1,354 | 1,354 SqFt |
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ByOwner last updated this listing 08/20/2026 @ 10:35
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