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2555 Foothill Blvd

Oakland, CA 94601
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Bed 0

Bed

Bath 0

Bath

SqFt34,300

Sqft(Lot)

This very nostalgic 61-unit property is conveniently located in the Fruitvale District, situated right in the heart of Oakland’s central business district and close to Lake Merritt. Casa Magna Apartments is a gated three-story apartment complex consisting of two separate structures offering a total of 30,012 square feet of living space on a .79-acre lot. This building was substantially renovated in 2014 down to the studs and foundation. This freshly renovated expansive property is well-maintained, beautifully, and professionally landscaped. There is a large laundry room generating substantial monthly income. With 31% upside in rents, this building allows the next owner to increase returns and leverage investment in the hot Oakland market. Casa Magna offers affordable living with great pote ntial and a strong sense of community, particularly appealing to those seeking proximity to medical facilities and a diverse, established neighborhood. The mixture of units on the property has: (22) 2 bedroom / 1 bath, (21) studio units / 1 bath, (18) 1 bedroom / 1 bath. Various apartment units have a balcony or patio. There is ample covered carport parking for cars, and off-street parking. You will find multiple security features including monitoring cameras and gated entry.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $11,501,000

AD Id : 76869628

MLS Id : 41130175

Lot Size : 34,300 Sqft

Year Built : 1947

County : Alameda

Subdivision: Country Club Estates

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes

  • Building Information

    Year Built: 1947
    Construction Materials: Brick Veneer, Concrete, Wood Siding
    Private Pool: No

  • Lot Information

    Main Square Feet: 34300 Lot Size Acres: 0.7874 Lot Size Square Feet: 34,300

    Property Information

    Subdivision: FRUITVALE Source Property Type: Residential Income Property SubType: Apartment Property Age: 79

  • Listing Price Information

    Listing Price: $11501000

  • Tax Information

    Parcel Number: 2573430

  • Location Information

    Direction: Cross Street: 27th.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
40th Avenue, Oakland, CA, 94601 $499,999 2 2 1,138 1,138 SqFt
Crittenden Street, Oakland, CA, 94601 $839,000 3 3 2,146 2,146 SqFt
Harrington Avenue, Oakland, CA, 94601 $499,000 2 1 917 917 SqFt
Harrington Avenue, Oakland, CA, 94601 $549,000 2 1 917 917 SqFt
2636 Cole St, Oakland, CA, 94601 $605,000 4 1 1,663 1,663 SqFt
Hilton St, Oakland, CA, 94601 $499,000 3 2 1,233 1,233 SqFt
2468 Maxwell, Oakland, CA, 94601 $849,000 4 3 2,139 2,139 SqFt
4822 Gordon St, Oakland, CA, 94601 $898,000 3 3 1,508 1,508 SqFt
2469 Potter St, Oakland, CA, 94601 $789,000 3 3 1,833 1,833 SqFt
5081 Congress Ave, Oakland, CA, 94601 $474,999 2 1 880 880 SqFt

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ByOwner last updated this listing 07/25/2026 @ 05:57

MLS: 41130175 LISTED BY: Steven Peterson, Infinity Investments 510-380-8101 SOURCE: CRMLS

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