NOT LISTED FOR SALE
-- Bed
-- Bath
21,526 Sq Ft
1.19 Acres

Last Sold August 06, 2021

Last sale price $6,875,000 $319 Per Sq Ft

32 Days on Market

Highlights

  • Views of San Francisco
  • 1.19 Acre Lot
  • No HOA
  • Solar Power System
  • Engineered Wood Flooring
  • Coin Laundry

About This Home

As of August 2021

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.

Last Agent to Sell the Property

Richard Martini

Colliers International License #01505297 Listed on: 03/31/2021

Last Buyer's Agent

Richard Martini

Colliers International License #01505297 Listed on: 03/31/2021

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1968

Lot Details

  • 1.19 Acre Lot
  • Lot Sloped Up

Parking

  • Carport

Property Views

  • Bay
  • San Francisco
  • Bridge

Home Design

  • Shingle Roof
  • Wood Siding

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Linoleum
  • Laminate
  • Vinyl

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • Stacked Washer and Dryer
  • Solar Power System

Community Details

Overview

  • No Home Owners Association
  • 21,526 Sq Ft Building
  • Bay East Association

Amenities

  • Coin Laundry

Property Details

Home Type

Apartment

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Year Built: 1968
  • Property Sub Type: Apt Complex
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 1.19
  • Directions: 580 to Foothill Blvd
  • Carport Y N: Yes
  • Garage Yn: No
  • Power Production Type: Photovoltaics
  • Special Features: None

Interior Features

  • Flooring: Laminate, Linoleum, Vinyl, Carpet, Engineered Wood
  • Basement: None
  • Appliances: Dishwasher, Disposal, Built-In Range, Refrigerator
  • Interior Amenities: Storage

Exterior Features

  • Roof: Shingle
  • Lot Features: Sloped Up
  • View: Bay, San Francisco, Bridges
  • View: Yes
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carports - 2 Or More, Covered, Space Per Unit - 2

Utilities

  • Heating: Electric
  • Utilities: Individual Electric Meter
  • Cooling: None
  • Laundry Features: Coin Operated, Common Area, Washer/Dryer Stacked Incl
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 52000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4305

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $6,875,000 -- --
08/06/2021 08/06/21 Sold $6,875,000 -3.5% $319 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $7,125,000 -- $331 / Sq Ft
Source: Bay East Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40943451

Bay East Association of REALTORS®