MLS® ID: 40892248
5418 Telegraph Ave
OAKLAND, California, 94609 $1,550,000
This commercial five-unit, multifamily property located in the heart of the Temescal neighborhood is now available after 17 years of ownership. This is one of the premier Oakland neighborhoods that hosts various restaurants and local retail with an upbeat streetscape. The property is comprised of two buildings situated on a large 7,500 SF parcel. Building 1, adjacent to Telegraph Avenue, has four 1/bd/1ba units with two units on the ground level and two units on the second level. Building 2 in the rear was completely renovated in 2014 with two levels and a separate side yard area. The second level houses a 2bd/1ba unit. The ground level unit consists of three rooms and a half bath and garage with a 7’-0” clear ceiling height that can potentially be converted and legalized into a studio or one-bedroom unit with City of Oakland. Buyers are responsible for due diligence with the city of Oakland.