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+16617137365
ReMax Gateway
5412 Claremont Avenue, Oakland, CA 94618
- $8,965,000
- List Price
- $8,965,000
- Status
- ACTIVE
- MLS#
- ML82064392
- Year Built
- 1963
- Lot Size
- 8,517
- Acres
- 0.20
- Days on Market
- 0
- Property Type
- Commercial
Property Description
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.
Additional Information
- Taxes
- $123,556
- Cooling
- Yes
- Roof
- Other
- Water
- Other
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $735,330
Listing courtesy of Listing Agent: Alina Siert (alina@siertgroup.com) from Listing Office: KW Advisors.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.