6605 Telegraph Ave, Oakland, CA 94609
  • MLS#: 41075442 ( )
  • Street Address: 6605 Telegraph Ave
  • Viewed: 1
  • Price: $2,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 0
  • Days On Market: 42
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94609
  • Subdivision: North Oakland
  • Provided by: Homemax
  • Contact: Keith K. Keith K.
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Appliances
  1. Gas Water Heater
Association Fee
  1. 0.00
Construction Materials
  1. Steel
  2. Stucco
  3. Wood Siding
Cooling
  1. None
Days On Market
  1. 33
Heating
  1. See Remarks
Lot Features
  1. Level with Street
Netoperatingincome
  1. 220740.00
Otherexpense
  1. 27452.00
Parcel Number
  1. 0161422005
Professionalmanagementexpense
  1. 6238.00
Roof
  1. Metal
Sourcesystemkey
  1. 41075442:BMLS
Subdivision Name Other
  1. NORTH OAKLAND
Tenant Pays
  1. Gas
Year Built
  1. 1962