Multifamily
16294-16298 Foothill Boulevard
16294 Foothill Blvd, Castro Valley, CA 94578
Listing Price: $2,250,000
Investment Overview
16294–16298 Foothill Boulevard represents a well-maintained multifamily asset with attractive curb appeal and long-term ownership and management supporting consistent, reliable property operations.
16294-16298 Foothill Boulevard
Investment Highlights
- Located within the supply-constrainedEast Bay market, the property benefits from durable renter demand, elevated homeownership costs, regional employment access, and limited new multifamily inventory.
- Eight spacious, well-lit two-bedroom, one-bathroom residences offer 928-square-foot floor plans with full-size washer and dryer hookups, providing comfortable and functional living spaces.
- In-place rents average approximately $1,914per month compared to projected market rents of approximately $2,495, providing clear upside through market renovations and rent growth upon unit turnover.
Exclusively Listed By
Listing Price: $2,250,000
Investment Highlights
- Located within the supply-constrainedEast Bay market, the property benefits from durable renter demand, elevated homeownership costs, regional employment access, and limited new multifamily inventory.
- Eight spacious, well-lit two-bedroom, one-bathroom residences offer 928-square-foot floor plans with full-size washer and dryer hookups, providing comfortable and functional living spaces.
- In-place rents average approximately $1,914per month compared to projected market rents of approximately $2,495, providing clear upside through market renovations and rent growth upon unit turnover.
Investment Overview
16294–16298 Foothill Boulevard represents a well-maintained multifamily asset with attractive curb appeal and long-term ownership and management supporting consistent, reliable property operations.
Exclusively Listed By
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