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(408) 425-9359
Real Estate Company
5499 Claremont AVE, Oakland, CA 94618
- $6,330,000
- 10,400
- SqFt
Listed by Alina Siert, 408-712-7692 from KW Advisors
(If provided) CoList: from
- List Price
- $6,330,000
- MLS#
- ML82064393
- Status
- ACTIVE
- Sqft. of Residence
- 10,400
- Lot Size
- 7,501
- Listing Area
- Oakland Zip Code 94609
- Year Built
- 1960
Property Description
24 one-bedroom, one-bath apartments at 5499 Claremont Avenue (Silvergate Apartments), built in 1960, with about 12,600 SF on a lot of about 7,500 SF. On-site parking lot for 10 cars and coin-operated laundry. Rooftop solar hot water and double-pane windows. Sewer lateral certified by EBMUD through 2042. Market rents run about 12% above in-place rents. In North Oakland between Rockridge and Temescal, about 0.3 mi from Rockridge BART, College Avenue shops and dining and the Temescal Farmers Market, near the Rockridge-Temescal Greenbelt and Highway 24. 5.74% current cap; 5.65% pro forma cap. Existing financing in place. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
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Additional Information
- Cooling System
- Other
- Days On Market
- Unknown
- Foundation
- Other
- Garage Parking
- Other
- Heating System
- Other
- Living Area
- 10,400
- Lot Size
- 7,501
- Neighborhood
- Oakland Zip Code 94609
- Other Utilities
- Other
- Roof
- Other
- Sewer
- Other
- Unincorporated Yn
- Yes
- Zoning
- RM-4
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