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5687 Miles Ave, Oakland, CA 94618
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$4,750,000
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Home Details for 5687 Miles Ave
Price
$4,750,000
Type
Multi Family
Year Build
1922
Sq. Ft.
7295
Lot Size
0.08
County
Alameda
Basement
None
MLS®️ Listing#
41107799
On exitrealty.com
145 days
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).
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- Baseboard
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- On Street
- Basement
- None
Listing Courtesy: Marcus & Millichap - 510-379-1200. Presented by: Joseph Owens
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
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EXIT REALTY CONSULTANTS
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$4,750,000
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EXIT REALTY CONSULTANTS
3425 Coffee Road. Ste 1, Modesto, CA 95355
CA DRE# 01520140. Kris Klair Broker.