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6601-6613 Telegraph Ave

9,904 SF 100% Leased Retail Building Oakland, CA 94609 $2,000,000 ($202/SF) 7.22% Cap Rate

Executive Summary

6601 - 6613 Telegraph Ave is a mixed-use investment property located in North Oakland, in close proximity to UC Berkeley, offering
convenient access to numerous attractions, public transportation, and high-traffic areas. This property consists of two separate
structures on one lot: a main building consists of 11 units, while a smaller building with two units, providing a total combine of 13
units (5 commercial, 7 residential, and 1 mixed-use). The residential units are situated on the upper levels, while the commercial
spaces occupy the lower levels.
The property is currently home to most long-term tenants who consistently pay on time, though many of the units are currently
rented below market rate. This presents a significant potential upside for investors looking to raise rents to market level and
maximize their return on investment.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,904 SF
Building Class
C
Year Built
1915
Price
$2,000,000
Price Per SF
$202
Cap Rate
7.22%
NOI
$144,400
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.24
Land Acres
0.18 AC
Zoning
C-10, Oakland - Commercial
Parking
5 Spaces (0.3 Spaces per 1,000 SF Leased)
Frontage
93 FT on Telegraph
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Jazzercise
Bank of America
Philz Coffee
Fremont Bank
Starbucks
Safeway
Whole Foods Market
Krispy Krunchy Chicken
Trader Joe's
Barney's Gourmet Hamburgers

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
016-1422-005-00
Land Assessment
$397,546
Improvements Assessment
$790,423
Total Assessment
$1,187,969
  • Listing ID: 33675384

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 6601-6613 Telegraph Ave, Oakland, CA 94609

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