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$1,350,000
Est. payment /mo
9,484 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 9,484 sqft
Price per Sqft $142
MLS Listing ID ML82035005
HOA Y/N No
Year Built 1905
Lot Size 6,000 Sqft
Property Sub-Type Other
Property Description
2874-2882 Telegraph Ave is a 12-unit mixed-use investment opportunity in the heart of Oakland, just minutes from Downtown. This well-located asset offers strong rental demand, diversified income, and long-term upside potential. Additional value-add opportunity includes the potential to add dwelling units (ADUs), subject to buyer feasibility study. Ownership also benefits from supplemental income through a billboard lease. The property consists of (8) 1-bedroom/1-bath apartments, (1) 1-bedroom loft, and (3) commercial storefronts, totaling approximately 9,484 SF on a 0.14-acre lot. The combination of residential and retail spaces provides stable, diversified revenue streams. Situated along Telegraph Avenue with convenient access to Highways 980, 880, and 580, the location is ideal for commuters to San Francisco. The property is less than one mile from Downtown Oakland and near popular destinations including the Fox Theatre, Lake Merritt, Jack London Square, and Alameda. A rare opportunity to acquire a mixed-use asset in one of Oakland's most active corridors.
Location
State CA
County Alameda
Zoning CC-2
Interior
Heating Wall Furnace
Cooling Other
Fireplace No
Appliance Refrigerator
Exterior
Handicap Access Other
Building
Sewer Sewer System - Private
New Construction No
Others
Tax ID 0090688018
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Listed by Tony Zizzo • Compass
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