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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
69 Transit Score
96 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

  • Controlled Access

Public Transportation

Commuter RailDriveWalkDistance
6 min - 1.9 mi
7 min - 3.4 mi
Transit/SubwayDriveWalkDistance
19th St Oakland Station (Fremont - Richmond - Bay Area Rapid Transit (BART), Pittsburg/Bay Point - San Francisco International - Bay Area Rapid Transit (BART), Richmond - Millbrae - Bay Area Rapid Transit (BART)) 2 min 15 min 0.7 mi
MacArthur Station (Fremont - Richmond - Bay Area Rapid Transit (BART), Pittsburg/Bay Point - San Francisco International - Bay Area Rapid Transit (BART), Richmond - Millbrae - Bay Area Rapid Transit (BART)) 2 min 17 min 0.9 mi
AirportDriveWalkDistance
Metro Oakland International 18 min - 10.4 mi
San Francisco International 34 min - 22.4 mi
Norman Y Mineta San Jose International 54 min - 41.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Ray Rodriguez 626-483-5136 Compass Commercial
Ray Rodriguez 626-483-5136 Compass Commercial