About 2878 Telegraph Ave
2874-2882 Telegraph Avean exceptional investment opportunity in the heart of Oakland! This vibrant, 12-unit mixed-use complex is located near Downtown Oakland, offering a great location for both investors and tenants alike. This property features a versatile unit mix of eight 1-bedroom, 1-bath, one 1-bedroom loft apartments and three commercial storefronts. With approximately 9,484 square feet of living space on a 0.14-acre lot, the complex provides an attractive blend of apartment units and commercial storefronts, offering substantial rental income potential for investors. What truly sets this property apart is its location and potential to add additional dwelling units (ADU). Its proximity to Downtown Oakland makes it an ideal housing option for locals and people who commute to San Francisco, ensuring consistent high demand and low vacancy rates. The surrounding area offers even more appeal located less than a mile from Downtown Oakland and with easy access to Highways 980, 880, and 580, and a quick drive away from world-renowned Fox Theatre, Lake Merrit, Jack London Square, and Alameda.
Features of 2878 Telegraph Ave
| MLS® # | ML81990567 |
|---|---|
| Price | $1,595,000 |
| Square Footage | 9,484 |
| Acres | 0.14 |
| Year Built | 1905 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 2878 Telegraph Ave |
|---|---|
| Area | Oakland Zip Code 94609 |
| City | OAKLAND |
| County | Alameda |
| State | CA |
| Zip Code | 94609 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters |
|---|---|
| Parking Spaces | 5 |
| Is Waterfront | No |
Interior
| Heating | Other |
|---|---|
| Cooling | Other |
| Fireplace | No |
Exterior
| Roof | Flat/Low Pitch, Tar and Gravel Roof |
|---|---|
| Foundation | Concrete Slab |
Additional Information
| Zoning | CC-2 , S-13 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Tony Zizzo |
|---|---|
| Office | Compass |
| Contact Info | 650-770-8356 |