5636 College Ave - Apartments FOR SALE


Oakland, CA 94618- Rockridge
$3,300,000 USD
415-306-4914
5636 College Ave, Oakland, CA for Sale
$3,300,000 USD
Apartments - FOR SALE
1/24
null | 7.18% Cap Rate

5636 College Ave
Oakland, CA 94618
Rockridge


HIGHLIGHTS

  • Attractive Unit Mix: (2) Commercial units at ±1,500 SF each and (14) well-maintained studio apartments
  • Prime College Avenue Frontage: High-visibility location in the heart of Rockridge, steps from vibrant retail, dining, and entertainment
  • Excellent Transit Access: Walking distance to Rockridge BART and close to Hwy 24 & I-580—ideal for commuters and students
  • Significant Rental Upside: ~20% potential rent growth provides a compelling value-add opportunity for investors
  • Highly Desirable Rental Market: Located in an affluent, supply-constrained neighborhood with consistent demand from UC Berkeley affiliates and profess
  • Well-Positioned Investment: Ideal for both long-term hold and value-add strategies with immediate income and future growth potential

OVERVIEW

Pac West and the Giacomini brothers are pleased to present this excellent opportunity located in the heart of Oakland’s coveted Rockridge neighborhood. 5636 College Avenue presents a rare opportunity to acquire a well-positioned, income generating 16-unit mixed-use property along one of the East Bay’s most desirable commercial corridors. This ±10,276 SF building comprises two spacious commercial units averaging 1,500 SF each, ideally suited for retail, service, or office tenants, and 14 residential studio apartments offering steady rental income and consistent demand. The property benefits from a strong tenant mix and excellent visibility, with high foot traffic and proximity to the Rockridge BART station, Trader Joe’s, and numerous boutique shops and restaurants. With significant upside in rents and a premium location in one of Oakland’s most stable and sought after neighborhoods, 5636 College Ave is ideal for investors seeking a high performing asset with long-term appreciation potential. With UC Berkeley just a short drive or bike ride away, and easy freeway access to Highway 24 and Interstate 580, 5636 College Ave is strategically positioned for both accessibility and lifestyle. Whether you’re seeking high foot traffic for a business or a dynamic place to live, this address offers a unique blend of urban energy and neighborhood warmth.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$311 USD /SF

# OF UNITS

16

PRICE/UNIT

$206,250

CAP RATE

7.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ocean View Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

-

APN/PARCEL ID

014-1264-052-01

ASK ABOUT THIS PROPERTY

Dante GiacominiBerkshire Hathaway HomeServices DrysdalePropertiesMore Info
415-306-4914

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Dante GiacominiBerkshire Hathaway HomeServices DrysdalePropertiesMore Info
415-306-4914

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