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Listed by Steven Peterson • Infinity Investments peterson.infinity@gmail.com
$ 7,152,000
Est. payment | /mo
12,600 SqFt
$ 7,152,000
Est. payment | /mo
12,600 SqFt
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
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Melanie Peterson-Katz
Partner | Lic# 00890767