5499 Claremont Ave, Oakland, CA 94618

$6,330,000
10,400
SqFt

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List Price
$6,330,000
MLS#
82064393
Property Type
Multifamily
Sqft. of Residence
10,400
Lot Size
7,501
Region
Oakland Zip 94609
Status
ACTIVE
County
Alameda
Acres
0.17
Year Built
1960
Parking Spaces
10

Property Description

24 one-bedroom, one-bath apartments at 5499 Claremont Avenue (Silvergate Apartments), built in 1960, with about 12,600 SF on a lot of about 7,500 SF. On-site parking lot for 10 cars and coin-operated laundry. Rooftop solar hot water and double-pane windows. Sewer lateral certified by EBMUD through 2042. Market rents run about 12% above in-place rents. In North Oakland between Rockridge and Temescal, about 0.3 mi from Rockridge BART, College Avenue shops and dining and the Temescal Farmers Market, near the Rockridge-Temescal Greenbelt and Highway 24. 5.74% current cap; 5.65% pro forma cap. Existing financing in place. Motivated ownership: all offers reviewed; Q4 2026 close preferred.

Additional Information

Foundation
Other
Living Area
10,400
Lot Size
7,501
Region
Oakland Zip 94609
Roof
Other
Utilities
Other
Zoning
RM-4

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Listing courtesy of KW Advisors.

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