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Listed by Adam S. Levin • Marcus & Millichap, DRE#01462752
$ 8,395,000
Est. payment | /mo
21,526 SqFt
$ 8,395,000
Est. payment | /mo
21,526 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 21,526 sqft
Price per Sqft $389
MLS Listing ID ML82049514
Year Built 1988
Lot Size 1.194 Acres
Property Sub-Type Five or More Units
Property Description
Foothill Terrace is an exceptional 25-unit apartment community located in the thriving city of Castro Valley. Situated on a parcel of land totaling 1.19 acres, the subject property was originally constructed in 1988 and has a gross building area of approximately 21,526 square feet, offering its tenants 100% beautifully designed two-bedroom floor plans. Located in the thriving Castro Valley area of the East Bay, the subject property's convenient location is a commuters dreamclose enough to the exciting hustle and bustle of the Bay Area and just far enough from it to relax in tranquility. The city is comfortably situated between three primary employment markets: Oakland, San Francisco, and San Jose. With its short commute times and great schools, Castro Valley is one of the most in-demand locations for young families to put down roots in the East Bay. Shopping, dining, and entertainment options are abundant within minutes of the subject property. Easy access to the San MateoHayward Bridge and Dumbarton Bridge provides a quick commute to world-class Silicon Valley, where major employers such as Google, Meta, Apple, Salesforce, Visa, and Sony reside within close proximity to the subject property.
Location
State CA
County Alameda
Area Castro Valley
Zoning R-40
Interior
Heating Wall Furnace
Cooling Ceiling Fan
Exterior
Parking Features Assigned Spaces, Attached Garage, Carport
Garage Spaces 6.0
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 080A-0202-010-06
Security Features None
Special Listing Condition Not Applicable
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John Faylor
Realtor | Lic# 1065896