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Listed by KW Advisors East Bay
$ 1,349,000
Est. payment /mo
New
5418 Telegraph Ave Oakland, CA 94609
3,382 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,382 sqft
Price per Sqft $398
Subdivision Temescal
MLS Listing ID 41131540
HOA Y/N No
Year Built 1912
Lot Size 7,500 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
This five-unit multifamily investment opportunity is located in the vibrant Temescal neighborhood of Oakland. Known as one of Oakland's most desirable areas, the Temescal district features a lively mix of popular restaurants, cafes, and boutique retail along an energetic streetscape. The property sits on a generous 7,500 SF lot and consists of two separate buildings. The front building, located along Telegraph Avenue, includes four 1-bedroom, 1-bathroom units, with two units on the ground floor and two on the second level. The rear building will be delivered vacant, presenting a unique opportunity for owner-occupancy or lease-up. Fully renovated in 2014, it offers excellent flexibility. The upper level features a 2-bedroom, 1-bathroom unit, while the ground level includes three rooms, a half bath, and a separate storage/utility area. This spacious lower flex area has potential for a variety of uses. This is a rare opportunity to acquire a well-located asset with upside potential in one of Oakland's most sought-after neighborhoods. Buyers are advised to conduct their own due diligence with the City of Oakland regarding possible improvements and use.
Location
State CA
County Alameda
Interior
Heating Natural Gas, Wall Furnace, MultiUnits
Cooling None
Flooring Laminate
Fireplace No
Appliance Refrigerator
Building
Lot Description Level