CA > Oakland
Oakland, CA 94618,5687 Miles Ave
Oakland, CA 94618,5687 Miles Ave
Oakland, CA 94618,5687 Miles Ave
Oakland, CA 94618,5687 Miles Ave
Oakland, CA 94618,5687 Miles Ave
Oakland, CA 94618,5687 Miles Ave
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James Olvera

James Olvera

The Warburton Team

+1(909) 760-9091
$ 4,750,000
Est. payment | /mo

3,467 Sqft Lot

Save Virtual Tour
$ 4,750,000
Est. payment | /mo
Save Virtual Tour

3,467 Sqft Lot

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

CRMLS – RECore
Listed by Joseph Owens Marcus & Millichap

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