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5412 Claremont Ave
Oakland, CA 94618 Shafter

$9,874,000 USD

Apartments For Sale  •  16,830 SF

Property Details

  • Property Type Apartments
  • Total Building Size 16,830 SF
  • Lot Size 0.02 AC
  • Building Class C
  • Year Built 1963
  • Zoning R60-S4
65 Transit Score
94 Walk Score

Highlights

Existing first loan with Chase Bank of $5,185,512 @ 3.25% payable monthly $24,300 due date May 1, 2032
Trophy Property
30% Upside in the Rents
Existing Cap 4.7%, Market Cap 5.7%
Existing Gross Rent Multiplier 13.8 Market Gross Rent Multiplier 12.1.
Great Rockridge Location - Berkeley Adjacent - COOPERATING WITH ALL BROKERS!!!

Property Flyers

Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
8 min - 2.7 mi
7 min - 4.4 mi
Transit/SubwayDriveWalkDistance
Rockridge Station (Pittsburg/Bay Point - San Francisco International - Bay Area Rapid Transit (BART)) 3 min 12 min 0.6 mi
AirportDriveWalkDistance
Metro Oakland International 19 min - 12.7 mi
San Francisco International 36 min - 23.3 mi
Norman Y Mineta San Jose International 55 min - 44.2 mi
Frederick Lewis 209-604-9993 American Liberty Investments
Frederick Lewis 209-604-9993 American Liberty Investments