5418 Telegraph Ave,Oakland, CA 94609
Oakland, CA 94609
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.
Details
| MLS # | 41131540 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1912 |
| Days On Site | 126 |
| Listing Provided By | KW Advisors East Bay | Stephanie Christmas |
Features
| Units | 5 |
|---|---|
| Acreage | 0.17 |
Interior
| Cooling | None |
|---|---|
| Heating | Natural Gas, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Aluminum Siding, Stucco |
| Lot Features | Street Level |
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94609 |
| Community Name | TEMESCAL |
| Listing VS Median (in TEMESCAL) | |
Price: $1,050,000 low | high Med: $0 On site: 126 low | high Med: | |
Market Activity 94609
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94609 |
| Community Name | TEMESCAL |
| Listing VS Median (in TEMESCAL) | |
Price: $1,050,000 low | high Med: $0 On site: 126 low | high Med: | |
 | $1,100,0005651 TelegraphOakland, CA 94609 |
 | $1,100,0005659 Telegraph AveOakland, CA 94609 |
 | $9,874,0005412 Claremont AveOakland, CA 94618 |