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Seller's Agent in 2021
Richard Martini
Colliers International
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
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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 |
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Seller's Agent in 2021
Richard Martini
Colliers International
Source: Bay East Association of REALTORS®
MLS Number: 40943451