5499 Claremont Ave, Oakland, CA 94618
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Listed by Steven Peterson • Infinity Investments peterson.infinity@gmail.com
$ 7,152,000
Est. payment /mo
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5499 Claremont Ave Oakland, CA 94618

12,600 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 12,600 sqft

Price per Sqft $567

Subdivision Rockridge

MLS Listing ID 41127059

HOA Y/N No

Year Built 1960

Lot Size 7,500 Sqft

Property Sub-Type 5 or More Units

Source BAY EAST

Property Description

We are pleased to present 5499 Claremont Avenue, an exceptional 24-unit multifamily investment opportunity located in Oakland's premier Rockridge neighborhood. This trophy asset offers investors a rare combination of stable residential income. The property's strategic positioning directly across from the Rockridge BART station provides unmatched connectivity to major employment centers, with 22-minute access to San Francisco's Financial District and seamless highway connectivity via Route 24. This property was purchased from the original builder. Rare 24-unit apartment complex consisting of 24 one bedroom one-bathroom units. The property was built in 1960, offers approximately 12,600 square feet of rental spaces and sits on a 7,500 square foot lot with a parking lot for 10 cars. The units are separately metered for gas and electricity. The units have pleasant views from the entry and living room of upstairs units. The laundry is coin operated for additional income. The property is located in an Excellent location centrally located between Rockridge and Temescal, just 15 minutes away from San Francisco, within a short distance from Rockridge Bart station, Frog Park, Whole Foods, Trader Joe's, Temescal Farmer's Market, and delicious eateries all around!

Location

State CA

County Alameda

Interior

Heating Electric, See Remarks

Cooling See Remarks

Flooring See Remarks

Fireplace No

Building

Lot Description See Remarks

Others

Special Listing Condition Standard


Bay East Association of Realtors

Nearby School & Business

Theresa Solon

Theresa Solon

REALTOR | CA DRE# 01436657

+1(707) 334-9186

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