Listing Courtesy of: Keith K. Nguyen - Homemax
510-533-3737
$2,800,000
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6605 Telegraph Ave Oakland, CA 94609
Multi-Family
Residence
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Property Activity
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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 consist...s 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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MLS#
41075442
Property Type
Multi-Family
Year Built
1962
Lot Size
1.97
Sewer
Public Sewer
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