5263 Claremont Ave

Oakland, CA 94618
  • $2,200,000

    Price
  • 0.12

    Acre

About the Listing CCBE-SPQ01 - CCBE-183506751

Prime commercial investment opportunity perfectly situated at the gateway of Oakland’s highly desirable Temescal and Rockridge districts. 5261-5263 Claremont Avenue is a well-maintained, 8,865 sq. ft. multi-tenant mixed-use office building generating a strong actual Cap Rate of 6.17%. The property features five distinct suites across three levels. Four suites are currently occupied by stable, long-term commercial tenants on low-burden Modified Gross leases, where tenants are responsible for their own gas, electric, and interior maintenance. The top floor includes one vacant office suite, presenting immediate upside for an investor to lease at market rate or a turnkey opportunity for an owner-user to occupy while collecting income from the rest of the building. Located on a vibrant, pedestrian-friendly transit corridor, the property boasts excellent walkability and sits just minutes from both the Rockridge and MacArthur BART stations, making it highly accessible for commuters and clients alike. Zoned CC-2/S-13. An exceptional, cash-flowing asset in one of Oakland's most dynamic neighborhoods.

Listing Highlights for 5263 Claremont Ave

Status Active
Days on Site 20
Property Type Commercial Sale
MLS ® 41151362
Year Built 1924
Lot/Acreage 0.12
County Alameda

Interior Details

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Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: CC-2
  • Roof:
  • Others: Stucco,Wood Siding
  • Sewer:

Financial Details

  • Tax Amount: $26,132
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 14122512
  • Tax Year: N/A

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Listing Location

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5263 Claremont Ave Oakland, CA 94618

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Originating MLS: CRMLS

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