Get the App

16424 Foothill Blvd, San Leandro, CA 94578

Property

16424 Foothill Blvd, San Leandro, CA 94578 Sold August 2021 CRMLS
$6,875,000Sold August 2021

Listing Agent: Richard Martini (DRE #01505297) · Listing Office: Colliers International · Contact: 925-279-4614 · Bought with: Richard Martini · Colliers International · MLS #40943451 · Source: CRMLS

0
Bathrooms
52,000 sqft
Lot Size
1968
Year Built
Property
Type
None
Cooling
Electric
Heating
Bay
View
$96,699/yr
Taxes

How this sale compares

16424 Foothill Blvd sold for $6,875,000 in August 2021, 3.5% under its $7,125,000 list price, after 32 days on the market. Across 51 closed sales in 94578 over the last 12 months, the median sold price is $805,000 and the median is $568 per square foot.

$568
94578 median per sq ft (12 mo)
$805,000
94578 median sold price (12 mo)
51
Closed sales in 94578 (12 mo)
32
Days on market
−3.5%
Sold vs. list price
QuarterClosed sales in 94578Median sold price
Q1 20265$655,000
Q2 202624$782,500
Q3 202622$844,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in San Leandro · Homes for sale in 94578

About this property

Foothill Terrace is a 25-unit apartment community located in San Leandro, CA. Situated on a 1.19 AC parcel, the property was built in 1988, and has +-21,526 net rentable square feet. The well-maintained property, consisting of four separate buildings is only minutes from Downtown San Leandro. Located only 4.9 miles from the main San Leandro BART station, and 1.6 miles from the Bay Fair station. Owned and managed by the same family since its completion in the late 80’s, Foothill Terrace is offered to investors for only the second time. The desirable unit mix of all two bedroom/two bath units, includes a true master bedroom with on-suite bathroom and walk-in closet. Two units include washer/dryers. Significant exterior work completed, incl. new siding, roofs, paint, balcony replace/repair. Significant opportunity to add significant value by renovating units in original condition and completing partially renovated units. Over $119k in rent upside.

Listing description from the August 2021 sale, as reported to CRMLS.

Sale history

$6,875,000
Sold August 2021 · listed $7,125,000, on market March 2021, 32 days on market · MLS #40943451 · Source: CRMLS
Listing Agent: Richard Martini · Listing Office: Colliers International · Contact: 925-279-4614 · Bought with: Richard Martini · Colliers International

Recent sales near 16424 Foothill Blvd

MLS-reported closed sales in 94578, nearest first (last 12 months). All recent sales in San Leandro →

Questions about 16424 Foothill Blvd

When did 16424 Foothill Blvd last sell?

16424 Foothill Blvd last sold in August 2021 for $6,875,000, according to CRMLS-reported closed sales.

What did 16424 Foothill Blvd sell for?

$6,875,000, 3.5% below the $7,125,000 list price, after 32 days on the market.

How does that compare to other San Leandro sales?

51 homes closed in ZIP 94578 over the last 12 months at a median of $805,000 ($568 per square foot).

Is 16424 Foothill Blvd for sale now?

16424 Foothill Blvd is not currently listed on the MLS. Browse current homes for sale in San Leandro on Nalren.

See homes for sale in San Leandro Open the Nalren App

Explore San Leandro