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2874-2882 Telegraph ave
Oakland, CA 94609 Pill Hill

$1,350,000 USD

Apartments For Sale • 9,484 SF

Property Details

Property Type Apartments
Total Building Size 9,484 SF
Lot Size 0.17 AC
Building Class C
Year Built 1905
Cap Rate 8.04 %
Zoning CC-2 , S-13

80 Transit Score

80 Walk Score

                
                    Highlights
                
                                Diverse unit mix: (8) 1-bedroom/1-bath apartments, (1) 1-bedroom loft, and (3) commercial storefronts.
                            
                                ±9,484 SF building on a 0.14-acre lot.
                            
                                Value-add potential with the opportunity to add additional dwelling units (ADUs). Buyer to conduct Feasibility study.
                            
                                Surrounded by top amenities and attractions, including the Fox Theatre, Lake Merritt, Jack London Square, and Alameda, supporting strong rental demand
                            
                                Billboard located on top of building provides additional income. Buyer to verify current billboard lease.

Financial Summary (Actual)

Net Operating Income: $108,120 USD (2025)

Cap Rate:	8.04 %
Total Expenses:	$64,937 USD

Amenities

Air Conditioning
Controlled Access
Walking/Biking Trails
Kitchen
Oven
Range
Tub/Shower
Storage Space
Public Transportation
Walk-Up

Public Transportation

Commuter Rail	Drive	Walk	Distance
Oakland (Capitol Corridor - Amtrak, Coast Starlight - Amtrak, San Joaquins - Amtrak)	5 min	-	1.9 mi
Emeryville (Capitol Corridor - Capitol Corridor Joint Powers Authority)	6 min	-	3.4 mi
Transit/Subway	Drive	Walk	Distance
19Th Street Oakland (Antioch to SFIA/Millbrae - Bay Area Rapid Transit (BART), Berryessa/North San Jose to Richmond - Bay Area Rapid Transit (BART), Millbrae/SFIA to Antioch - Bay Area Rapid Transit (BART), Millbrae/SFO to Richmond - Bay Area Rapid Transit (BART), Richmond to SFO/Millbrae - Bay Area Rapid Transit (BART))	2 min	15 min	0.8 mi
Macarthur (Antioch to SFIA/Millbrae - Bay Area Rapid Transit (BART), Berryessa/North San Jose to Richmond - Bay Area Rapid Transit (BART), Millbrae/SFIA to Antioch - Bay Area Rapid Transit (BART), Millbrae/SFO to Richmond - Bay Area Rapid Transit (BART), Richmond to SFO/Millbrae - Bay Area Rapid Transit (BART))	6 min	17 min	0.9 mi
12Th Street / Oakland City Center (Antioch to SFIA/Millbrae - Bay Area Rapid Transit (BART), Berryessa/North San Jose to Richmond - Bay Area Rapid Transit (BART), Millbrae/SFIA to Antioch - Bay Area Rapid Transit (BART), Millbrae/SFO to Richmond - Bay Area Rapid Transit (BART), Richmond to SFO/Millbrae - Bay Area Rapid Transit (BART))	3 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
Metro Oakland International	17 min	-	10.4 mi
San Francisco International	34 min	-	22.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	5
Type:	Surface
Included in Rent:	Yes

Ray Rodriguez 626-483-5136 Compass Commercial

2874-2882 Telegraph ave Oakland, CA 94609 Pill Hill