5928 Telegraph Ave

Oakland, CA, 94609

$2,500,000

$323 per ft²
$2,500,000
$323 per ft²
Active
Active
 - For Sale
baths
1 Bath
carpenters-square
7,736 ft²
property_type
Commercial
calendar
Built 1916
DO NOT DISTURB TENANTS. SHOWINGS BY APPOINTMENT ONLY. This property is a value-add project with a tremendous upside in rents. An investor could utilize the RU-4 zoning and could potentially add three units plus two ADUs, for a total of five units to the site. Potential for a lot split as well. The property is well-maintained. The sewer lateral and sidewalk comply with Oakland’s transfer requirements. The property has a Walk Score of 85 and is located 1.7 miles from the University of California Berkeley campus, with a bus line to the UC. Easy access from Hwy 24.
MLS® ID:
41006016
Listed:
8/18/22
Updated:
3/31/23

Interior Features

Total Bedrooms
0
Total Bathrooms
1
Laundry Description
Common Area
Floor Description
Hardwood
Cooling
None
Heating
Steam

Exterior/Building Features

Lot Size
0.27 acres lot
Lot Details
Corner Lot, Level
Roof
Shingle, Composition
Sewer
Public Sewer

Other Property Details

Area Name
Oakland Zip Code 94609
Garage
No
Parking
Off Site, Space Per Unit - 1
View
N
County
Alameda
Utilities
Individual Electric Meter, Individual Gas Meter
Water Source
Public
Pool
No
Buyer Agency Compensation
2

Property History

Date
Event
Price
Value
12/2/22
Price Change
$2,500,000
-16%

Courtesy of Steven Edrington with STEVEN EDRINGTON, BROKER
Listing Contact:  

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