Residential Income - 6547 Telegraph Avenue, Oakland, CA

$2,500,000

6547 Telegraph Avenue, Oakland, CA

6547 Telegraph Avenue, Oakland, CA 94609-1113 - $2,500,000 · Multi-Family Home for Sale, photo 3

6547 Telegraph Avenue, Oakland, CA 94609-1113 - $2,500,000 · Multi-Family Home for Sale, photo 4

6547 Telegraph Avenue, Oakland, CA 94609-1113 - $2,500,000 · Multi-Family Home for Sale, photo 5

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Description

Monumental opportunity to acquire the historic White Horse Inn. This ±7,600-square-foot, two-story mixed-use building features the iconic White Horse bar on the ground floor and five spacious apartment units above. The property is fully occupied and generating strong cash flow, anchored by a triple-net (NNN) lease on the commercial space and near-market rents on the residential units and on-site paring for each unit. The White Horse bar is a renowned Bay Area landmark and is widely recognized as the oldest continuously operating gay bar in the United States. Located in a high-demand, university-adjacent pocket of North Oakland near the South Berkeley border, the asset offers exceptional urban convenience. It sits blocks from UC Berkeley, less than a mile from the vibrant Rockridge and Telegraph districts.

Property details

Year built

1930

Property type

Residential Income

Lot size

7,770 sqft

Location

6547 Telegraph Avenue • Oakland, CA 94609-1113

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Listed by

Tamara Spokane · CITRINE ADVISORS, INC.

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Closed sales reported in 94609, nearest first, last 12 months. All recent sales in Oakland →