5688 Telegraph , Oakland CA

$1,395,000 | $6,429 / Month*

List Firm - BHHS Drysdale Properties
List Agent - Rich Krinks
MLS #40965911



Garage/Parking: On Street
Lot Description: Corner, Level, Regular, Landscape Back
Included: Water Heater Gas, Carbon Mon Detector, Double Strapped Water Htr, Smoke Detector, All Public Utilities, Individual Electric Meter, Individual Gas Meter
Property Features: None
Foreclosure: No
Exterior Construction: Stucco
Basement: None
Garage Type: On Street
Interior Features
Flooring: Hardwood Floors, Linoleum
Exterior Features
Construction: Stucco
Roof: Other
Cooling: None
Heating: Wall Furnace
Water/Sewer: Sewer System - Public, Water - Public, Sewer Connected

Mixed use property at approximately 5,936 square feet and 3 floors, with retail on the ground floor and four large one bedroom, one bath units above. The property sits on 3 lots (approximately 8,155 square feet) with a very large backyard. The rear lot (approximately 3,227 square feet) is a developable site with the possibility of adding a single family home and an ADU (Accessible Dwelling Unit). All buyers must confirm with the City of Oakland Planning Department. There is also a large billboard located on one side of the building. The retail space is under market and is month to month It is suggested that a new tenant or designating a new lease for the current tenant could put the rent at $2.50/sf/month vs the current rent rate of $1.48/sf/month. The City of Oakland has rent control for residential units only. All of the residential units in this property are under the City of Oakland rent control program.

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