5428 Claremont Ave - Apartments FOR SALE


Oakland, CA 94618- Shafter
$2,350,000 USD
925-946-5908
5428 Claremont Ave, Oakland, CA for Sale
$2,350,000 USD
Apartments - FOR SALE
1/5
null | 5.26% Cap Rate

5428 Claremont Ave
Oakland, CA 94618
Shafter


HIGHLIGHTS

  • ?Oversized, Spacious Units Averaging ±1,000 SF
  • ?Irreplaceable Low-Density Configuration with 2 SFRs & 3 Duplexes
  • Expansive ±16,475 SF Lot
  • Diverse Unit Configurations with Large Room Counts: Future Redevelopment & Expansion Upside
  • ?Approximately 0.3 Miles to Highway 24 Access
  • ?Soft Story Exempt

OVERVIEW

Walker & Dunlop, as the exclusive advisor, is pleased to present the opportunity to acquire 5428 Claremont Ave, 6 (1x1), 1 (2x1), and 1 (3x1) units in the Claremont neighborhood of Oakland, CA.? Originally built as a family compound, the property has remained in the same family since its construction nearly 100 years ago.? The property features three duplexes and two single-family residences on one parcel, with an average unit size of over 1,000 square feet.? Located in the heart of Oakland, 5428 Claremont Ave is a rare compound configuration.? This estate-style multifamily property includes a collection of detached homes and duplexes offering long-term neighborhood desirability.?

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$294 USD /SF

# OF UNITS

8

PRICE/UNIT

$293,750

CAP RATE

5.26%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,591 SF

ZONING

-

APN/PARCEL ID

014-1256-005-04

ASK ABOUT THIS PROPERTY

Mike ColhounWalker & Dunlop, Inc.More Info
925-946-5908

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Mike ColhounWalker & Dunlop, Inc.More Info
925-946-5908

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