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  • 16298 Foothill Blvd

16298 Foothill Blvd, Castro Valley, CA 94578

$2,250,000 Approx. USD 0 beds, 0 baths
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Photo of Aaron Khosh

Aaron Khosh REALTOR® - Sales Associate 949-554-4155 m
949-554-4155 o
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com Text Me
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Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
Phone: 949-644-6200
Fax: 949-640-7429
 Newport Beach 23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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Listing Agent


Joseph Owens | joe.owens@marcusmillichap.com
Lic#: 01707768
Broker: Courtesy of Marcus & Millichap
Phone: 925-808-9098

Agent Remarks

16294–16298 Foothill Boulevard is an 8-unit, 100% occupied multifamily asset in Castro Valley priced at $281,250 per unit ($303/SF). In-place rents average $1,914 per month against $2,495 market rent, a 30.4% upside on turnover. The deal trades at a 5.18% in-place cap rate (12.25x GRM), with a 7.53% pro forma cap rate (9.39x GRM) once rents reach market. The unit mix is uniform: eight 928-square-foot two-bedroom, one-bath residences, each with full-size washer/dryer hookups. Built in 1979, the property sits on 0.47 acres with 10,000 SF of gross building area and 18 surface parking spaces — 2.25 per unit. The property is positioned in Alameda County's East Bay submarket with direct access to Interstate 580 and proximity to Interstate 238 and Interstate 880, connecting to San Leandro, Oakland, Hayward, and the broader Bay Area. Castro Valley BART is a 6-minute drive, putting San Francisco roughly an hour away by transit. Lake Chabot Regional Park, Eden Medical Center, San Leandro Hospital, and Target are all nearby.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 41143340
Price: $2,250,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1978
0.47 acres
Lot size: 0.4675
Subdivision: FAIRMONT TERRACE
County: Alameda
Construction: Stucco,Wood Siding
Appliances: Gas Water Heater
Lot description: Cul-De-Sac
Heating/cooling: None
Heating description: Forced Air

Last Updated: 8/6/2026

 Days On Market (DOM): 19

 Find more Castro Valley homes and real estate

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Lat/Long: 37.701484, -122.108019.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Aaron Khosh

Aaron Khosh REALTOR® - Sales Associate 949-554-4155 m
949-554-4155 o
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com Text Me
Call My Cell
Call My Office
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com
Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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