CA > Oakland
Oakland, CA 94618,5687 Miles Ave
Oakland, CA 94618,5687 Miles Ave
Oakland, CA 94618,5687 Miles Ave
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$4,750,000
Est. payment /mo
3,467 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41107799

HOA Y/N No

Year Built 1922

Annual Tax Amount $69,020

Lot Size 3,467 Sqft

Property Sub-Type Apartment

Property Description

We are pleased to present 5687 Miles Avenue, an exceptional 11-unit multifamily investment opportunity located in Oakland's premier Rockridge neighborhood. This trophy asset offers investors a rare combination of stable residential income as well as substantial commercial revenue through long-term wireless carrier roof top leases. The property's strategic positioning directly across from the Rockridge BART station provides unmatched connectivity to major employment centers, with 22-minute access to San Francisco's Financial District and seamless highway connectivity via Route 24. The building's desirable unit mix of studios through two-bedroom apartments commands strong rents in a neighborhood characterized by affluent demographics, including a median household income of $212,638 and exceptional walkability (Walk Score 97/100).

Location

State CA

County Alameda

Interior

Heating Baseboard

Cooling See Remarks

Fireplace No

Building

Lot Description Street Level

Others

Tax ID 1412666

Virtual Tour https://www.marcusmillichap.com/properties/186112/5687-miles-ave

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CRMLS – RECore
Listed by Joseph Owens Marcus & Millichap

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