Property photo 1
14 photos
ActiveMLS# ML820643926 days on market

$8,965,000

5412 Claremont Avenue

OAKLAND, CA 94618

0 BD|0 BA|16,830 SQFT|$532.68/sqft

About This Property

33 one-bedroom, one-bath apartments at 5412 Claremont Avenue in a three-story building built in 1963, with about 16,830 SF. Some units have balconies, and about 80% of units have been renovated. Laundry on site. Sewer lateral certified by EBMUD through 2035. Market rents run about 11% above in-place rents. In North Oakland between Rockridge and Temescal, backing onto the Rockridge-Temescal Greenbelt (Frog Park), about 0.1 mi from the Temescal Farmers Market and about 0.5 mi from Rockridge BART and College Avenue shops and dining, with Highway 24 nearby. 5.50% current cap; 5.28% pro forma cap. Existing financing in place. Motivated ownership: all offers reviewed; Q4 2026 close preferred.

Property Details

Property TypeSingle Family
Year Built1963
Price / Sqft$532.68
Days on Market6
MLS NumberML82064392

Adam Modzeleski

Broker

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Est. Monthly Payment

$53,923

P&I: $45,332 | Tax: $6,350 | Insurance: $2,241

$8,965,000
%
%
Loan Amount$7,172,000
Down Payment$1,793,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

5412 Claremont Avenue, OAKLAND, CA 94618

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