5499 Claremont Avenue, Oakland, CA 94618
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5499 Claremont Avenue, Oakland, CA 94618
5499 Claremont Avenue, Oakland, CA 94618
5499 Claremont Avenue, Oakland, CA 94618
5499 Claremont Avenue, Oakland, CA 94618
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Listed by Alina Siert • KW Advisors
$ 6,330,000
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5499 Claremont Avenue Oakland, CA 94618

10,400 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,400 sqft

Price per Sqft $608

MLS Listing ID ML82064393

HOA Y/N No

Year Built 1960

Lot Size 7,501 Sqft

Property Sub-Type Other

Source Datashare MLSListings

Property Description

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.

Location

State CA

County Alameda

Interior

Heating Other

Cooling Other

Fireplace No

Exterior

Handicap Access Other


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Michael Fadeeff

Michael Fadeeff

Agent DRE#01305454

+1(925) 399-8411

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5499 Claremont Avenue