$1,285,000
$1,350,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
28742882 Telegraph AVE Oakland, CA 94609
5,998 Sqft Lot
Key Details
Sold Price $1,285,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML82035005
Sold Date 06/12/26
HOA Y/N No
Year Built 1905
Annual Tax Amount $17,252
Lot Size 5,998 Sqft
Property Description
2874-2882 Telegraph Ave is a 12-unit mixed-use investment opportunity in the heart of Oakland, just minutes from Downtown. This well-located asset offers strong rental demand, diversified income, and long-term upside potential. Additional value-add opportunity includes the potential to add dwelling units (ADUs), subject to buyer feasibility study. Ownership also benefits from supplemental income through a billboard lease. The property consists of (8) 1-bedroom/1-bath apartments, (1) 1-bedroom loft, and (3) commercial storefronts, totaling approximately 9,484 SF on a 0.14-acre lot. The combination of residential and retail spaces provides stable, diversified revenue streams. Situated along Telegraph Avenue with convenient access to Highways 980, 880, and 580, the location is ideal for commuters to San Francisco. The property is less than one mile from Downtown Oakland and near popular destinations including the Fox Theatre, Lake Merritt, Jack London Square, and Alameda. A rare opportunity to acquire a mixed-use asset in one of Oakland's most active corridors.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning CC-2
Interior
Heating Wall Furnace
Fireplace No
Exterior
Roof Type Flat,Tar/Gravel
Total Parking Spaces 5
Schools
School District Other
Others
Tax ID 0090688018
Financing Private
Special Listing Condition Standard
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