5418 Telegraph Ave, Oakland, CA 94609
- $1,050,000
Listed by Stephanie Christmas, (510) 461-4663 from KW Advisors East Bay
(If provided) CoList: Justin Paek from KW Advisors East Bay
- List Price
- $1,050,000
- Price Change
- ▼ $100,000 1783396748
- MLS#
- EB41131540
- Status
- ACTIVE
- Lot Size
- 7,500
- Listing Area
- Oakland Zip Code 94609
- Year Built
- 1912
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.
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Additional Information
- Acres
- 0.17
- Amenities
- Storage Area(s)
- Cooling System
- None
- Exterior Features
- Aluminum Siding, Stucco
- Floor Covering
- Laminate
- Garage Parking
- Off-Site Parking
- Heating System
- Gas, Wall Furnace
- Lot Description
- Grade - Level
- Lot Size
- 7,500
- Neighborhood
- Oakland Zip Code 94609
- Numberof Units
- 5
- Roof
- Composition
- Unincorporated Yn
- Yes
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