6605 Telegraph Ave
Oakland, CA, 94609
$2,000,000
Beds
0 Baths
SqFt
0.18 Acres
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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.

Property Details

Price:
$2,000,000
MLS #:
41075442
Status:
Active
Baths:
0
Address:
6605 Telegraph Ave
Type:
Residential Income
Subdivision:
NORTH OAKLAND
City:
Oakland
Listed Date:
Oct 4, 2024
State:
CA
ZIP:
94609
Lot Size:
8,004 sqft / 0.18 acres (approx)
Year Built:
1962
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Lot Features
Level with Street
Parking Spots
3.00
Roof
Metal

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6605 Telegraph Ave
Oakland, CA