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5499 Claremont AVE Oakland, CA 94618
7,501 Sqft Lot
Open House
Thu Oct 22, 1:30pm - 3:30pm
UPDATED:
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
Listed by Alina Siert KW Advisors #01893238
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