2878 Telegraph Avenue , Oakland, CA 94609
Oakland, CA 94609
Description
2874-2882 Telegraph Avean exceptional investment opportunity in the heart of Oakland! This vibrant, 12-unit mixed-use complex is located near Downtown Oakland, offering a great location for both investors and tenants alike. This property features a versatile unit mix of eight 1-bedroom, 1-bath, one 1-bedroom loft apartments and three commercial storefronts. With approximately 9,484 square feet of living space on a 0.14-acre lot, the complex provides an attractive blend of apartment units and commercial storefronts, offering substantial rental income potential for investors. What truly sets this property apart is its location and potential to add additional dwelling units (ADU). Its proximity to Downtown Oakland makes it an ideal housing option for locals and people who commute to San Francisco, ensuring consistent high demand and low vacancy rates. The surrounding area offers even more appeal located less than a mile from Downtown Oakland and with easy access to Highways 980, 880, and 580, and a quick drive away from world-renowned Fox Theatre, Lake Merrit, Jack London Square, and Alameda.
Details
| MLS# | ML81990567 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1905 |
| Days On Site | 93 |
| Listing Provided By | Compass (415) 345-3000 | Tony Zizzo |
Features
| SQ Feet | 9,484 |
|---|---|
| Building(s) | 2 |
| Zoning | CC-2 , S-13 |
| Acreage | 0.14 |
Market Activity 94609
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94609 |
| Area | 699 Not Defined |
| School District | Other |
| Listing VS Median (In 94609) | |
Price: $1,595,000 low | high Med: $887,000 SqFt: 9,484 low | high Med: 1,518 $ / SqFt: $168 low | high Med: $596 On site: 93 low | high Med: 111.000000 | |