2874-2882 Telegraph ave - Apartments FOR SALE


Oakland, CA 94609- Pill Hill
$1,350,000 USD
626-483-5136
2874-2882 Telegraph ave, Oakland, CA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/17
null | 8.04% Cap Rate

2874-2882 Telegraph ave
Oakland, CA 94609
Pill Hill


HIGHLIGHTS

  • Diverse unit mix: (8) 1-bedroom/1-bath apartments, (1) 1-bedroom loft, and (3) commercial storefronts.
  • ±9,484 SF building on a 0.14-acre lot.
  • Value-add potential with the opportunity to add additional dwelling units (ADUs). Buyer to conduct Feasibility study.
  • Surrounded by top amenities and attractions, including the Fox Theatre, Lake Merritt, Jack London Square, and Alameda, supporting strong rental demand
  • Billboard located on top of building provides additional income. Buyer to verify current billboard lease.

OVERVIEW

The R&Z Group of Compass Commercial is proud to present 2874–2882 Telegraph Avenue, a premier investment opportunity in the dynamic heart of Oakland. This well-positioned 12-unit mixed-use property offers an outstanding combination of strong rental demand, income potential, and future upside, all just minutes from Downtown Oakland. The property features a highly desirable unit mix consisting of eight 1-bedroom/1-bath apartments, one 1-bedroom loft, and three commercial storefronts. Encompassing approximately 9,484 square feet on a 0.14-acre lot, the complex provides an ideal blend of residential and retail space, creating multiple streams of revenue for investors. A key highlight of this asset is its exceptional location along Telegraph Avenue, paired with the potential to add additional dwelling units (ADUs)—enhancing long-term value and flexibility. Its close proximity to Downtown Oakland makes it an attractive housing option for both local residents and commuters traveling to San Francisco, supporting consistently high occupancy and low vacancy rates. Residents and tenants alike benefit from nearby access to major transportation routes, including Highways 980, 880, and 580, as well as Oakland’s most celebrated destinations such as the Fox Theatre, Lake Merritt, Jack London Square, and Alameda. This is a rare opportunity to acquire a mixed-use asset in one of the Bay Area’s most vibrant and growing markets. Contact The R&Z Group of Compass Commercial today to schedule a private tour and secure 2874–2882 Telegraph Avenue as your next standout investment.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$142 USD /SF

# OF UNITS

12

PRICE/UNIT

$112,500

CAP RATE

8.04%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,376 SF

ZONING

CC-2 , S-13

APN/PARCEL ID

009-0688-018-00

ASK ABOUT THIS PROPERTY

Ray RodriguezCompass CommercialMore Info
626-483-5136

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Ray RodriguezCompass CommercialMore Info
626-483-5136

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.