Claremont
Property Description
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.
Broker Details
Keller Williams Peninsula Estates (650) 627-3700
MLS ID: 01893238 State License Number: 01893238
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $6,330,000 |
| Year Built: | 1960 |
| Lot Size: | 10,400.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-MLSLCA-ML82064393
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