Oakland, CA 94609,6605 Telegraph Ave
Oakland, CA 94609,6605 Telegraph Ave
Oakland, CA 94609,6605 Telegraph Ave
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$2,000,000
Est. payment /mo
8,001 Sqft Lot
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UPDATED:

11/05/2024 01:23 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision North Oakland

MLS Listing ID 41075442

HOA Y/N No

Year Built 1962

Annual Tax Amount $21,018

Lot Size 8,001 Sqft

Property 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.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling None

Fireplace No

Appliance Gas Water Heater

Exterior

Roof Type Metal

Total Parking Spaces 3

Building

Lot Description Street Level

Others

Tax ID 0161422005


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California Regional MLS (CRMLS)
Listed by Keith K. Nguyen • Homemax

John Labick

Broker Associate | License ID: 01991075

+1(661) 212-1339

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6605 Telegraph Ave