$2,200,000
FOR SALEActive5263 Claremont Ave
Oakland CA 94618
N/A
SF
Commercial
Type
1924
Built
N/A
Cost/SF
Listing Agent
Land Details
Location Analysis
About This Property
Prime commercial investment opportunity perfectly situated at the gateway of Oakland’s highly desirable Temescal and Rockridge districts. 5261-5263 Claremont Avenue is a well-maintained, 8,865 sq. ft. multi-tenant mixed-use office building generating a strong actual Cap Rate of 6.17%. The property features five distinct suites across three levels. Four suites are currently occupied by stable, long-term commercial tenants on low-burden Modified Gross leases, where tenants are responsible for their own gas, electric, and interior maintenance. The top floor includes one vacant office suite, presenting immediate upside for an investor to lease at market rate or a turnkey opportunity for an owner-user to occupy while collecting income from the rest of the building. Located on a vibrant, pedestrian-friendly transit corridor, the property boasts excellent walkability and sits just minutes from both the Rockridge and MacArthur BART stations, making it highly accessible for commuters and clients alike. Zoned CC-2/S-13. An exceptional, cash-flowing asset in one of Oakland's most dynamic neighborhoods.
Property Information
Property Overview
Commercial
Property Type
Active
Status
CC-2
Zoning
0.12 acres
Lot Size
6.17%
Cap Rate
$136K
NOI
$26,132
Annual Tax
1,924
Year Built
Property Highlights
N/A Property
Prime Location with High Visibility
6.17% Cap Rate
Location Analysis
Zoning & Use
Investment Metrics
6.17%
Cap Rate
$135,660
NOI
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Closed commercial sales reported, newest first.
CRMLS
MLS# 41151362
Listed:
Nalren refreshed:
Last updated
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Listed by: Infinity Investments
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.