Pending
No HOANo HOA
Sale Pending at 16298 Foothill Blvd, Castro Valley, CA 94578 | MLS# 41143340 | Listing updated on 2026-09-02
Photo 1 of Sale Pending at 16298 Foothill Blvd, Castro Valley, CA 94578 | MLS# 41143340 | Listing updated on 2026-09-02
Photo 2 of Sale Pending at 16298 Foothill Blvd, Castro Valley, CA 94578 | MLS# 41143340 | Listing updated on 2026-09-02
Photo 3 of Sale Pending at 16298 Foothill Blvd, Castro Valley, CA 94578 | MLS# 41143340 | Listing updated on 2026-09-02
Photo 4 of Sale Pending at 16298 Foothill Blvd, Castro Valley, CA 94578 | MLS# 41143340 | Listing updated on 2026-09-02
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Listed by: Joseph Owens (925) 808-9098 DRE #01707768 | Marcus & Millichap (510) 379-1200

$2,250,000

Monthly Est:$11,199

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

16298 Foothill Blvd, Castro Valley, CA 94578

$11,199/moEst:

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  • Multi Family

  • Built in 1978

  • $-- HOA

  • 20,363 sqft lot

  • --/sqft

Description

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 ...

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  • Houzeo last checked: 8 minutes ago
  • Listing updated: September 2, 2026 at 11:45 pm
  • Source: California Regional MLS-CA | MLS#: 41143340 California Regional MLS-CA

Part of

Building
16298 Foothill Blvd
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Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Alameda County

  • City

    Castro Valley

  • Neighborhood

    --

  • Year Built

    1978

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    20,363 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    41143340

  • MLS Status

    Pending

  • Days on Market

    51

  • Cumulative Days on Market

    33

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Cooling

    None

  • Appliances

    Gas Water Heater

  • Heating

    Forced Air

Construction

  • Year Built

    Year Built: 1978

  • Home type

    Multi Family

  • Roof

    Shingle

  • Construction Materials

    Stucco, Wood Siding

Other Features

  • Lot Features

    Cul De Sac

  • Subdivision Name

    Fairmont Terrace

  • Tenant Pays

    Gas

Price History

DateEventPrice

09/01/2026

Source: mls_logoCalifornia Regional MLS-CA #41143340

Pending

$2,250,000

$0/sqft

07/29/2026

Source: mls_logoCalifornia Regional MLS-CA #41143340

Listed for Sale

$2,250,000

$0/sqft

Based on information from California Regional Multiple Listing Service, Inc. as of Sep 20, 2026, 07:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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