$6,330,000

Multi Family In Oakland

  • 10,400 Sqft
  • 7,501 Sqft lot
  • Updated: Today
  • Source:
    bridgeMLS  MLS#ML82064393

About the Property

24 one-bedroom, one-bath apartments at 5499 Claremont Avenue (Silvergate Apartments), built in 1960, with about 12,600 SF on a lot of about 7,500 SF. On-site parking lot for 10 cars and coin-operated laundry. Rooftop solar hot water and double-pane windows. Sewer lateral certified by EBMUD through 2042. Market rents run about 12% above in-place rents. In North Oakland between Rockridge and Temesca
24 one-bedroom, one-bath apartments at 5499 Claremont Avenue (Silvergate Apartments), built in 1960, with about 12,600 SF on a lot of about 7,500 SF. On-site parking lot for 10 cars and coin-operated laundry. Rooftop solar hot water and double-pane windows. Sewer lateral certified by EBMUD through 2042. Market rents run about 12% above in-place rents. In North Oakland between Rockridge and Temescal, about 0.3 mi from Rockridge BART, College Avenue shops and dining and the Temescal Farmers Market, near the Rockridge-Temescal Greenbelt and Highway 24. 5.74% current cap; 5.65% 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

    1960

  • Price/sqft

    $608

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5499 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
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Last updated
Today
First listed
October 13
Listing reference
ML82064393
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