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$1,695,000
Est. payment /mo
2 Beds
5 Baths
9,484 SqFt
UPDATED:
01/22/2025 07:20 AM
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,484 sqft
Price per Sqft $178
MLS Listing ID ML81990567
Bedrooms 2
Full Baths 5
Year Built 1905
Lot Size 6,000 Sqft
Property Description
2874-2882 Telegraph Avean exceptional investment opportunity in the heart of Oakland! This vibrant, 12-unit mixed-use complex is located near Downtown Oakland, offering a great location for both investors and tenants alike. This property features a versatile unit mix of eight 1-bedroom, 1-bath, one 1-bedroom loft apartments and three commercial storefronts. With approximately 9,484 square feet of living space on a 0.14-acre lot, the complex provides an attractive blend of apartment units and commercial storefronts, offering substantial rental income potential for investors. What truly sets this property apart is its location and potential to add additional dwelling units (ADU). Its proximity to Downtown Oakland makes it an ideal housing option for locals and people who commute to San Francisco, ensuring consistent high demand and low vacancy rates. The surrounding area offers even more appeal located less than a mile from Downtown Oakland and with easy access to Highways 980, 880, and 580, and a quick drive away from world-renowned Fox Theatre, Lake Merrit, Jack London Square, and Alameda.
Location
State CA
County Alameda
Area Oakland Zip Code 94609
Zoning CC-2 , S-13
Interior
Heating Other
Cooling Other
Exterior
Parking Features On Street, Uncovered Parking
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch,Tar and Gravel
Building
Foundation Concrete Slab
Sewer Sewer - Private
Water Private / Mutual
Others
Restrictions Other
Tax ID 009-0688-018
Security Features Other
Special Listing Condition Not Applicable
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Listed by Tony Zizzo • Compass