This very nostalgic 3 story marina style building property located at 2624 Foothill Blvd in Oakland California. Building description size is 29,423 square feet with 40 units. It is a great central business district location. It is in the heart of Oakland’s Fruitvale district close to Lake Merritt. It has a concrete foundation, wood frame on .26-acre lot. The majority of the units have been substantially renovated. With 37% upside in rents, this building allows the next owner to increase returns and leverage investment in the hot Oakland market. The subject is a 40-unit apartment building which is three stories over a basement with 37% upside in the rents. The prior owner replaced reportedly rough half of the windows. The subject has a key fob entrance. There is a beautiful penthouse that has a view. The basement has a poured concrete foundation and perimeter walls and an open beam ceiling. The complex unit mix is 18 studios, 19 (1) bedrooms and 3 (2) bedrooms. The property is individually metered for gas and electricity. There is a laundry room generating extra monthly income and as a convenience for the residents. The interior finishes of the units contain carpet or wood flooring in living and be The soft story work is completed as well as the sewer lateral.
MLS #
BE41130335
MLS Source
Bay East
Days on Site
11
Flooring
Tile, Wood
Complex Amenities
Other
2624 Foothill Blvd is a Residential Income in Oakland, CA 94601. This 29,423 square foot property sits on a 0.26 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,995,000 and was built in 1928. This address can also be written as 2624 Foothill Blvd, Oakland, CA 94601.
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This listing information is up-to-date as of April 16, 2026. For the most current information, please contact Steven Peterson, (408) 509-0700