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Listed by Alina Siert • KW Advisors • 650-627-3700
$8,965,000
Est. payment /mo
16,830 SqFt
Open House
Thu Oct 22, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 16,830 sqft
Price per Sqft $532
MLS Listing ID ML82064392
HOA Y/N No
Year Built 1963
Lot Size 8,517 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
33 one-bedroom, one-bath apartments at 5412 Claremont Avenue in a three-story building built in 1963, with about 16,830 SF. Some units have balconies, and about 80% of units have been renovated. Laundry on site. Sewer lateral certified by EBMUD through 2035. Market rents run about 11% above in-place rents. In North Oakland between Rockridge and Temescal, backing onto the Rockridge-Temescal Greenbelt (Frog Park), about 0.1 mi from the Temescal Farmers Market and about 0.5 mi from Rockridge BART and College Avenue shops and dining, with Highway 24 nearby. 5.50% current cap; 5.28% pro forma cap. Existing financing in place. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Fireplace No
Exterior
Handicap Access Other
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