Property photo 1
13 photos
ActiveMLS# ML820643936 days on market

$6,330,000

5499 Claremont Avenue

OAKLAND, CA 94618

0 BD|0 BA|10,400 SQFT|$608.65/sqft

About This Property

24 one-bedroom, one-bath apartments at 5499 Claremont Avenue (Silvergate Apartments), built in 1960, with about 12,600 SF on a lot of about 7,500 SF. On-site parking lot for 10 cars and coin-operated laundry. Rooftop solar hot water and double-pane windows. Sewer lateral certified by EBMUD through 2042. Market rents run about 12% above in-place rents. In North Oakland between Rockridge and Temescal, about 0.3 mi from Rockridge BART, College Avenue shops and dining and the Temescal Farmers Market, near the Rockridge-Temescal Greenbelt and Highway 24. 5.74% current cap; 5.65% pro forma cap. Existing financing in place. Motivated ownership: all offers reviewed; Q4 2026 close preferred.

Property Details

Property TypeSingle Family
Year Built1960
Price / Sqft$608.65
Days on Market6
MLS NumberML82064393

Adam Modzeleski

Broker

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Est. Monthly Payment

$38,074

P&I: $32,008 | Tax: $4,484 | Insurance: $1,583

$6,330,000
%
%
Loan Amount$5,064,000
Down Payment$1,266,000

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

Location

5499 Claremont Avenue, OAKLAND, CA 94618

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