5499 Claremont Ave, Oakland, CA 94618
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$ 7,152,000
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5499 Claremont Ave Oakland, CA 94618

7,501 Sqft Lot


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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Rockridge

MLS Listing ID 41127059

HOA Y/N No

Year Built 1960

Lot Size 7,501 Sqft

Property Description

We are pleased to present 5499 Claremont Avenue, an exceptional 24-unit multifamily investment opportunity located in Oakland's premier Rockridge neighborhood. This trophy asset offers investors a rare combination of stable residential income. The property's strategic positioning directly across from the Rockridge BART station provides unmatched connectivity to major employment centers, with 22-minute access to San Francisco's Financial District and seamless highway connectivity via Route 24. This property was purchased from the original builder. Rare 24-unit apartment complex consisting of 24 one bedroom one-bathroom units. The property was built in 1960, offers approximately 12,600 square feet of rental spaces and sits on a 7,500 square foot lot with a parking lot for 10 cars. The units are separately metered for gas and electricity. The units have pleasant views from the entry and living room of upstairs units. The laundry is coin operated for additional income. The property is located in an Excellent location centrally located between Rockridge and Temescal, just 15 minutes away from San Francisco, within a short distance from Rockridge Bart station, Frog Park, Whole Foods, Trader Joe's, Temescal Farmer's Market, and delicious eateries all around!

Location

State CA

County Alameda

Interior

Heating Electric

Fireplace No

Others

Tax ID 1412724


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Listed by Steven Peterson Infinity Investments #01746140

NEARBY SCHOOLS & PROPERTIES

Nicole Darwin

Nicole Darwin

Advisor

+1(707) 330-4357

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5499 Claremont Ave