Oakland, CA 94618

$2,200,000

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listed by Steven Peterson, (408) 509-0700 from Infinity Investments
(If provided) CoList: from

Add to Favorites

List Price: $2,200,000
MLS#: BE41151362
Status: ACTIVE
Lot Size: 5,400
Listing Area: Oakland Zip Code 94609
Year Built: 1924

Refine Search

Property Description

Prime commercial investment opportunity perfectly situated at the gateway of Oakland's highly desirable Temescal and Rockridge districts. 5261-5263 Claremont Avenue is a well-maintained, 8,865 sq. ft. multi-tenant mixed-use office building generating a strong actual Cap Rate of 6.17%. The property features five distinct suites across three levels. Four suites are currently occupied by stable, long-term commercial tenants on low-burden Modified Gross leases, where tenants are responsible for their own gas, electric, and interior maintenance. The top floor includes one vacant office suite, presenting immediate upside for an investor to lease at market rate or a turnkey opportunity for an owner-user to occupy while collecting income from the rest of the building. Located on a vibrant, pedestrian-friendly transit corridor, the property boasts excellent walkability and sits just minutes from both the Rockridge and MacArthur BART stations, making it highly accessible for commuters and clients alike. Zoned CC-2/S-13. An exceptional, cash-flowing asset in one of Oakland's most dynamic neighborhoods.

(408) 425-9359

Search All Properties

Additional Information

Acres: 0.12
Days On Market: Unknown
Exterior Features: Stucco
Garage Parking: No Parking
Lot Size: 5,400
Neighborhood: Oakland Zip Code 94609
Present Use: Office
Unincorporated Yn: Yes
Zoning: CC-2

Add to Favorites

Add to Favorites New Search

How much is your home worth?

...get instant property value now!

Mortgage Calculator

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . 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.