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$1,475,000
Est. payment /mo
5,998 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82018244
HOA Y/N No
Year Built 1905
Annual Tax Amount $18,589
Lot Size 5,998 Sqft
Property Description
***PLEASE DO NOT DISTURB TENANTS*** Back on market at no fault of seller. 2874-2882 Telegraph Ave is an 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 (8) 1-bedroom, 1-bath, (1) 1-bedroom loft apartments, and (3) 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 that commute to San Francisco, ensuring consistent high demand and low vacancy rates. The surrounding area offers even more appeallocated less than a mile from Downtown Oakland and with easy access to Highways 980, 880, and 580, and a quick drive away from world-renownned Fox Theatre, Lake Merrit, Jack London Square and Alameda.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning CC-2 , S-13
Interior
Heating Wall Furnace
Fireplace No
Laundry None
Exterior
Roof Type Flat,Tar/Gravel
Total Parking Spaces 6
Schools
School District Other
Others
Tax ID 0090688018
Special Listing Condition Standard
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Listed by Tony Zizzo Compass
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