6605 Telegraph Ave

Oakland, CA 94609

PRICE REDUCED

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-$800,000 (-28.57%)

$2,000,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1962

calendar_month Built

Property Description

6605 Telegraph Ave is a mixed-use investment property located in North Oakland, in close proximity to UC Berkeley, offering convenient access to numerous attractions, public transportation, and high-traffic areas. This property consists of two separate structures on one lot: a main building consists of 11 units, while a smaller building with two units, providing a total combine of 13 units (5 commercial, 7 residential, and 1 mixed-use). The residential units are situated on the upper levels, while the commercial spaces occupy the lower levels. The property is currently home to most long-term tenants who consistently pay on time, though many of the units are currently rented below market rate. This presents a significant potential upside for investors looking to raise rents to market level and maximize their returns.

Listing Information

List Price $2,000,000
Status Active
MLS 41075442
HOA $0
Type Residential Income
Year Built 1962
Lot Size 8,004
Structure Size N/A
DOM 31
Courtesy Of Homemax
Listing Agent Keith K. Nguyen DRE#01275980
Co-Listing Agent Manh Nguyen DRE#01956580

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Keith K. Nguyen, Manh Nguyen, Homemax 510-501-8517. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 5th, 2024 at 1:23 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.