6605 Telegraph Ave Active

Oakland,CA 94609

$ 2000000

- Bed

0 Bath

9904 SqFt


Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 9,904 sqft

Price per Sqft $201

Subdivision North Oakland

MLS Listing ID 41075442

HOA Y/N No

Year Built 1962

Lot Size 8,004 Sqft

Acres 1.97

Property Description

6605 Telegraph Ave is a mixed-use investment property located in North Oakland, in close proximity to UC Berkeley, offering convenient access to numerous attractions, public transportation, and high-traffic areas. This property consists of two separate structures on one lot: a main building consists of 11 units, while a smaller building with two units, providing a total combine of 13 units (5 commercial, 7 residential, and 1 mixed-use). The residential units are situated on the upper levels, while the commercial spaces occupy the lower levels. The property is currently home to most long-term tenants who consistently pay on time, though many of the units are currently rented below market rate. This presents a significant potential upside for investors looking to raise rents to market level and maximize their returns.

Location

State CA

County Alameda

Area Listing

Rooms

Basement None

Interior

Interior Features Updated Baths,Updated Kitchen

Heating Other

Cooling None

Flooring Hardwood,Laminate,Linoleum,Tile,Carpet,Engineered Wood

Fireplace No

Appliance Refrigerator,Gas Water Heater

Laundry Washer/Dryer Hookups

Exterior

Utilities Available All Public Utilities,Internet Available,Individual Electric Meter,Individual Gas Meter,Master Electric Meter,Master Gas Meter

Total Parking Spaces 4

Building

Lot Description Level

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 0161422005

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