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$ 6,995,000
Est. payment | /mo
0.26 Acres Lot
$ 6,995,000
Est. payment | /mo
0.26 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82064272
HOA Y/N No
Year Built 1925
Annual Tax Amount $87,394
Lot Size 0.260 Acres
Property Description
Offered with 1900 26th Ave as a same-block pair at $14,990,000 (81 units), or with all four buildings of the 181-unit Fruitvale Portfolio at $33,486,000; not sold individually. Kensington Manor, 2624 Foothill Boulevard: 40 apartments, including a penthouse, in a three-story Marina-style building over a basement, built in 1928: 18 studios, 19 one-bedrooms and 3 two-bedrooms in about 29,423 SF on a 0.26-acre lot. Majority of units substantially renovated. Key fob entry, individually metered gas and electric, on-site laundry room. City of Oakland soft-story exemption approved in 2025. Pro forma market rents run about 12% above in-place rents. About 0.7 mi from Fruitvale BART and Fruitvale Village. East Block pair: 7.87% current / 8.32% pro forma cap. All four: 7.69% current / 7.61% pro forma cap. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
Location
State CA
County Alameda
Zoning R-50
Interior
Fireplace No
Exterior
Utilities Available Other
Roof Type Other
Building
Water Other
Schools
School District Other
Others
Tax ID 0260738002
Special Listing Condition Standard
Listed by Alina Siert KW Advisors #01893238
NEARBY SCHOOL & BUSINESS