2555 Foothill Blvd, Oakland, CA 94601 | For Sale

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For Sale $11,501,000

$11,501,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 34,300 Sq Ft

Description

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 potential 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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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $11,501,000
Property Type Condo/Co-Op
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1947
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 2573430
MLS # 41130175
Property ID 319818647
Lot Sqft 34,300
Zoning Unknown
Total Units 61
Days on Market 53
Original List Price $11,501,000
Date Updated April 15, 2026
Date Created April 08, 2026
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Listing Provided By

Steven Peterson an agent of . Lic #01746140


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of April 15, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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