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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 : Residential Income

Price : $11,501,000

AD Id : 76869628

MLS Id : 41130175

Lot Size : 34,300 Sqft

Year Built : 1947

County : Alameda

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Cooling Features

    Air Conditioning

    Heating Source

    Electric Has Heating

  • Building Information

    Year Built: 1947 Construction: Brick Veneer,Concrete,Wood Siding

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.7874
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 34300

  • Listing Price Information

    Original List Price: 11,501,000 Listing Contract Date: 2026-04-08

  • Tax Information

    Parcel Number: 2573430

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Directions: Cross Street: 27th. Source Property Type: Residential Income Property SubType: Apartment
  • Building and Construction

    Property Age: 79 Structure Type: Apartment Year Built Source: Vendor Enhanced
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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
Hilton St, Oakland, CA, 94601 $499,000 3 2 1,233 1,233 SqFt
Harrington Avenue, Oakland, CA, 94601 $499,000 2 1 917 917 SqFt
Crittenden Street, Oakland, CA, 94601 $839,000 3 3 2,146 2,146 SqFt
Harrington Avenue, Oakland, CA, 94601 $549,000 2 1 917 917 SqFt
4822 Gordon St, Oakland, CA, 94601 $898,000 3 3 1,508 1,508 SqFt
2550 35th Ave, Oakland, CA, 94601 $2,650,000 -- -- --
4510 San Carlos Ave, Oakland, CA, 94601 $380,000 2 1 984 984 SqFt
2160 High Street, Oakland, CA, 94601 $1,088,888 9 6 4,198 4,198 SqFt
2158 High Street, Oakland, CA, 94601 $588,888 5 3 2,305 2,305 SqFt

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ByOwner last updated this listing 06/09/2026 @ 05:58

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

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