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$6,330,000
Est. payment /mo
7,501 Sqft Lot
Open House
Thu Oct 22, 1:30pm - 3:30pm
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82064393
HOA Y/N No
Year Built 1960
Annual Tax Amount $86,009
Lot Size 7,501 Sqft
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.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning RM-4
Interior
Fireplace No
Exterior
Utilities Available Other
Roof Type Other
Total Parking Spaces 10
Building
Water Other
Schools
School District Other
Others
Tax ID 0141272004
Special Listing Condition Standard
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Listed by Alina Siert KW Advisors #01893238
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