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6605 Telegraph Ave
For Sale $2,000,000
$2,000,000
- 13 Units
- Unknown Sq Ft
- 8,004 Sq Ft
- Unknown Cap Rate
Description
6605 Telegraph Ave is a mixed-use investment property located in North Oakland, in close proximity to UC Berkeley, offering convenient access to numerous attractions, public transportation, and high-traffic areas. This property consists of two separate structures on one lot: a main building consists of 11 units, while a smaller building with two units, providing a total combine of 13 units (5 commercial, 7 residential, and 1 mixed-use). The residential units are situated on the upper levels, while the commercial spaces occupy the lower levels. The property is currently home to most long-term tenants who consistently pay on time, though many of the units are currently rented below market rate. This presents a significant potential upside for investors looking to raise rents to market level and maximize their returns.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,000,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 3 spots |
| Year Built | 1962 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 0161422005 |
| MLS # | 41075442 |
| Property ID | 320950057 |
| Lot Sqft | 8,004 |
| Zoning | Unknown |
| Total Units | 13 |
| Days on Market | 54 |
| Original List Price | $2,800,000 |
| Applicances | Gas Water Heater% |
| Date Updated | November 05, 2024 |
| Date Created | October 04, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Keith K. Nguyen an agent of Homemax. Lic #01275980
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 05, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT