5263 Claremont Ave, Oakland, CA 94618
5263 Claremont Ave, Oakland, CA 94618
5263 Claremont Ave, Oakland, CA 94618
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Travis Breton

Travis Breton

+1(760) 470-2752
$ 2,200,000
Est. payment | /mo

5,227 Sqft Lot

Save
$ 2,200,000
Est. payment | /mo
Save

5,227 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41151362

HOA Y/N No

Year Built 1924

Annual Tax Amount $26,132

Lot Size 5,227 Sqft

Property Description

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.

Location

State CA

County Alameda

Zoning CC-2

Interior

Fireplace No

Others

Tax ID 14122512

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Steven Peterson Infinity Investments #01746140

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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5263 Claremont Ave

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