Premier Temescal Mixed-Use Asset | Fully Retrofitted & High-Income Yield
3231 Telegraph Ave, Oakland, CA 94609
Price Upon Request | 5,392 SF | 7 BR / 6 BA Configuration
* The Opportunity
Secure a turnkey, income-generating cornerstone asset in the heart of Oakland’s vibrant Temescal/Mosswood commercial corridor. This versatile two and a half-story property perfectly balances immediate passive cash flow with long-term capital appreciation. Ideal for savvy investors, commercial owner-users, or medical/wellness operators looking to establish a premier East Bay footprint. The current rents are about 25% lower than nominal in Oakland.
* Investment Highlights
• Immediate Revenue Flow: Robust gross rental income of $120,000 annually, providing a reliable and stable yield from day one.
• 100% Compliant & De-Risked: Soft-story seismic retrofit is fully completed and certified by the City of Oakland in 2025. Zero upcoming Tier 3 capital mandate liabilities.
• Lender Ready: Compliance unlocks traditional, competitive commercial financing—bypassing cash-only restrictions facing un-retrofitted assets.
• A+ Transit-Oriented Location: Positioned minutes from the MacArthur BART Station, the major Highway 24/580 interchange, and the bustling Kaiser Permanente Medical Center.
• Historic Charm, Modern Function: Built in 1906, this 5,392 SF structure blends timeless architectural character (Historic Rating: B-) with high-utility commercial partitioning on a 4,000 SF lot.
* Flexible Execution Strategies
1. The Investor Play: Keep the active health/wellness tenant configuration in place and enjoy streamlined management in a high-demand, low-vacancy submarket.
2. The Owner-User Play: Occupy a portion of the building for your own medical, legal, or professional office while utilizing supplementary rental income to heavily offset your mortgage.
3. The Residential Value-Add Play: Leverage the property's underlying 7-bedroom, 6-bathroom core skeleton to maximize residential rental rates in a highly walkable, amenity-dense neighborhood. Don't miss this risk-mitigated asset in Oakland's most resilient retail corridor.
Contact us today to receive the complete offering memorandum, verified income statements, and the City of Oakland retrofit compliance documentation.
Don't miss this risk-mitigated asset in Oakland's most resilient retail corridor.
Contact us today to receive the complete offering memorandum, verified income statements, and the City of Oakland retrofit compliance documentation.