6605 Telegraph Ave

Oakland, CA 94609 $800,000.00 (-28.57%) Active for $2,000,000

Overview
Map & Location
Median Values
Schools & Score
Property History
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Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 8,004 sqft

Property Facts

MLS	41075442
Year Built	1962
Property Type
County	Alameda
Status	Active
Active	$2,000,000
Structure Size	N/A sqft
Lot Size	8,004 sqft
Beds	N/A
Baths

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.

Listing information courtesy of: Keith K. Nguyen, Homemax 510-501-8517. *Based on information from the Association of REALTORS/Multiple Listing as of 11/13/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.