$8,965,000

Multi Family In Oakland

  • 16,830 Sqft
  • 8,517 Sqft lot
  • Updated: Today
  • Source:
    bridgeMLS  MLS#ML82064392

About the Property

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 Greenbe
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.
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  • Property type

    Other

  • Year built

    1963

  • Price/sqft

    $532

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5412 Claremont Avenue, Oakland, California, United States View on Google Maps
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KW Advisors

Joined 11 months ago
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KW Advisors
California, United States
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51
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2025
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KW Advisors
California, United States
View agency profile
Last updated
Today
First listed
October 13
Listing reference
ML82064392
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