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$6,330,000

FOR SALEActive

5499 Claremont Avenue

Oakland CA 94618

10,400

SF

Commercial

Type

1960

Built

$609/SF

Cost/SF

25 days on marketNalren refreshed

Listing Agent

Alina Siert

Listing Agent

DRE #: 01893238

(650) 627-3700

Brokerage: KW Advisors

Location Analysis

MapProperty Location

About This Property

24 one-bedroom, one-bath apartments at 5499 Claremont Avenue (Silvergate Apartments), built in 1960, with about 12,600 SF on a lot of about 7,500 SF. On-site parking lot for 10 cars and coin-operated laundry. Rooftop solar hot water and double-pane windows. Sewer lateral certified by EBMUD through 2042. Market rents run about 12% above in-place rents. In North Oakland between Rockridge and Temescal, about 0.3 mi from Rockridge BART, College Avenue shops and dining and the Temescal Farmers Market, near the Rockridge-Temescal Greenbelt and Highway 24. 5.74% current cap; 5.65% pro forma cap. Existing financing in place. Motivated ownership: all offers reviewed; Q4 2026 close preferred.

Property Information

Property Overview

Commercial

Property Type

Active

Status

RM-4

Zoning

0.1722 acres

Lot Size

10,400 SF

Square Footage

$608.65/SF

Price per SF

$86,009

Annual Tax

1,960

Year Built

10

Parking Total

0.96

Parking Ratio

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

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