Description
2874-2882 Telegraph Ave is a 12-unit mixed-use investment opportunity in the heart of Oakland, just minutes from Downtown. This well-located asset offers strong rental demand, diversified income, and long-term upside potential. Additional value-add opportunity includes the potential to add dwelling units (ADUs), subject to buyer feasibility study. Ownership also benefits from supplemental income through a billboard lease. The property consists of (8) 1-bedroom/1-bath apartments, (1) 1-bedroom loft, and (3) commercial storefronts, totaling approximately 9,484 SF on a 0.14-acre lot. The combination of residential and retail spaces provides stable, diversified revenue streams. Situated along Telegraph Avenue with convenient access to Highways 980, 880, and 580, the location is ideal for commuters to San Francisco. The property is less than one mile from Downtown Oakland and near popular destinations including the Fox Theatre, Lake Merritt, Jack London Square, and Alameda. A rare opportunity to acquire a mixed-use asset in one of Oakland's most active corridors.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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9,484SQFT
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$142$/SQFT
School Ratings & Info
Listed by Tony Zizzo of Compass: 650-770-8356.
Description
2874-2882 Telegraph Ave is a 12-unit mixed-use investment opportunity in the heart of Oakland, just minutes from Downtown. This well-located asset offers strong rental demand, diversified income, and long-term upside potential. Additional value-add opportunity includes the potential to add dwelling units (ADUs), subject to buyer feasibility study. Ownership also benefits from supplemental income through a billboard lease. The property consists of (8) 1-bedroom/1-bath apartments, (1) 1-bedroom loft, and (3) commercial storefronts, totaling approximately 9,484 SF on a 0.14-acre lot. The combination of residential and retail spaces provides stable, diversified revenue streams. Situated along Telegraph Avenue with convenient access to Highways 980, 880, and 580, the location is ideal for commuters to San Francisco. The property is less than one mile from Downtown Oakland and near popular destinations including the Fox Theatre, Lake Merritt, Jack London Square, and Alameda. A rare opportunity to acquire a mixed-use asset in one of Oakland's most active corridors.
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