16424 Foothill Blvd
Castro Valley, CA 94578
Foothill Terrace Castro Valley · Multifamily Property For Sale · 25 Units

Foothill Terrace is an exceptional 25-unit apartment community located in the thriving city of Castro Valley. Situated on a parcel of land totaling 1.19 acres, the subject property was originally constructed in 1988 and has a gross building area of approximately 21,526 square feet, offering its tenants 100% beautifully designed two-bedroom floor plans. Located in the thriving Castro Valley area of the East Bay, the subject property's convenient location is a commuter’s dream—close enough to the exciting hustle and bustle of the Bay Area and just far enough from it to relax in tranquility. The city is comfortably situated between three primary employment markets: Oakland, San Francisco, and San Jose. With its short commute times and great schools, Castro Valley is one of the most in-demand locations for young families to put down roots in the East Bay. Shopping, dining, and entertainment options are abundant within minutes of the subject property. Easy access to the San Mateo–Hayward Bridge and Dumbarton Bridge provides a quick commute to world-class Silicon Valley, where major employers such as Google, Meta, Apple, Salesforce, Visa, and Sony reside within close proximity to the subject property. The investment appeal of this asset is driven by Castro Valley’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the East Bay, Foothill Terrace presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.