5499 Claremont Ave, Oakland, CA 94618
- $6,330,000
- 10,400
- SqFt
- 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.
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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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