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$ 8,965,000
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5412 Claremont AVE Oakland, CA 94618
8,515 Sqft Lot
Open House
Thu Oct 22, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82064392
HOA Y/N No
Year Built 1963
Annual Tax Amount $123,556
Lot Size 8,515 Sqft
Property Description
33 one-bedroom, one-bath apartments at 5412 Claremont Avenue in a three-story building built in 1963, with about 16,830 SF. Some units have balconies, and about 80% of units have been renovated. Laundry on site. Sewer lateral certified by EBMUD through 2035. Market rents run about 11% above in-place rents. In North Oakland between Rockridge and Temescal, backing onto the Rockridge-Temescal Greenbelt (Frog Park), about 0.1 mi from the Temescal Farmers Market and about 0.5 mi from Rockridge BART and College Avenue shops and dining, with Highway 24 nearby. 5.50% current cap; 5.28% 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 R60-S4
Interior
Fireplace No
Exterior
Utilities Available Other
Roof Type Other
Building
Water Other
Schools
School District Other
Others
Tax ID 014125600302
Special Listing Condition Standard
Listed by Alina Siert KW Advisors #01893238
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