This commercial five-unit, multifamily property located in the heart of the Temescal neighborhood is now available after 17 years of ownership. This is one of the premier Oakland neighborhoods that hosts various restaurants and local retail with an upbeat streetscape. The property is comprised of two buildings situated on a large 7,500 SF parcel. Building 1, adjacent to Telegraph Avenue, has four 1/bd/1ba units with two units on the ground level and two units on the second level. Building 2 in the rear was completely renovated in 2014 with two levels and a separate side yard area. The second level houses a 2bd/1ba unit. The ground level unit consists of three rooms and a half bath and garage with a 7'-0" clear ceiling height that can potentially be converted and legalized into a studio or one-bedroom unit with City of Oakland. Buyers are responsible for due diligence with the city of Oakland.
Off market
$879,365
5418 Telegraph Ave, Oakland, CA 94609
6beds
6baths
3,382sqft
5 or More Units
Built in 1912
-- sqft lot
$-- Zestimate®
$260/sqft
$7,126 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Wall, Gas
Cooling
- None
Features
- Extra Storage, Wired For Cable TV
- Flooring: Laminate
- Basement: Finished
Interior area
- Total interior livable area: 3,382 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport
Features
- Exterior features: Stucco
Lot
- Size: 7,501 sqft
- Features: Level, 2 Houses / 1 Lot
Details
- Parcel number: 14122523
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Roof: Composition
Condition
- Year built: 1912
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Oakland
HOA & financial
Other financial information
- Total actual rent: 9069
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Basement: Finished
- CarportYN: true
- Heating: Gas, Wall Furnace
- HeatingYN: true
- Flooring: Laminate
- TenantPays: Cable TV, Electricity, Gas
- ConstructionMaterials: Stucco, Aluminum Siding
- NumberOfUnitsTotal: 5
- LotFeatures: Level, 2 Houses / 1 Lot
- OperatingExpenseIncludes: Insurance, Trash
- ExteriorFeatures: Playground
- Appliances: Tankless Water Heater
- ParkingFeatures: Off Site, Parking Area, Carports - 2 Or More
- Roof: Composition Shingles
- ProfessionalManagementExpense: 0
- InteriorFeatures: Extra Storage, Wired For Cable TV
- CapRate: 5
- InsuranceExpense: 3028
- MlsStatus: Active
- GrossIncome: 105563
- GrossScheduledIncome: 108828
- MaintenanceExpense: 28328
- NetOperatingIncome: 77235
- OperatingExpense: 2537
- TotalActualRent: 9069
- VacancyAllowance: 3264
- PropertySubType: 5 or More Units