Contact Xavier Gomez
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5412 Claremont Ave, Oakland, CA 94618
Priced at Only: $9,874,000
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Address: 5412 Claremont Ave, Oakland, CA 94618
Property Location and Similar Properties
- MLS#: 41126873 ( )
- Street Address: 5412 Claremont Ave
- Viewed: 5
- Price: $9,874,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1963
- Bldg sqft: 0
- Days On Market: 9
- Additional Information
- County: ALAMEDA
- City: Oakland
- Zipcode: 94618
- Subdivision: Rockridge Area
- Provided by: Infinity Investments
- Contact: Steven Steven

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DescriptionWe are pleased to present 5412 Claremont Avenue, an exceptional 33 unit pride of ownership multifamily investment opportunity located in Oaklands premier Rockridge neighborhood on the edge of Berkeley. This trophy asset offers investors a rare combination of stable residential income. The propertys strategic positioning directly across from the Rockridge BART station provides unmatched connectivity to major employment centers, with 22 minute access to San Franciscos Financial District and seamless highway connectivity via Route 24. This very nostalgic 3 story property is located at 5412 Claremont Ave in Oakland California. It has 16,830 rentable square feet, with 33 large and spacious one bedroom/one bathroom units, all with private baths and kitchens and some have balconies. The property was built in 1963, with a concrete perimeter foundation, exterior walls are wood, and the roof is composition shingle. There is laundry on site. 80% of the units have been renovated. All units have separate gas + electric meters. There is 30% upside in the current rents. With 30% upside in rents, this building allows the next owner to increase returns and leverage investment in the hot Oakland market
Features
Association Fee
- 0.00
Construction Materials
- Wood Siding
- Brick Veneer
Heating
- Electric
Parcel Number
- 14125632
Roof
- Shingle
Sourcesystemkey
- 41126873:BMLS
Subdivision Name Other
- ROCKRIDGE AREA
Year Built
- 1963
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com


