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5636 College Ave
Oakland, CA 94618 Rockridge

$3,300,000 USD

Apartments For Sale  •  10,276 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,276 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 1922
  • Cap Rate 7.18 %
64 Transit Score
97 Walk Score

Highlights

Attractive Unit Mix: (2) Commercial units at ±1,500 SF each and (14) well-maintained studio apartments
Prime College Avenue Frontage: High-visibility location in the heart of Rockridge, steps from vibrant retail, dining, and entertainment
Excellent Transit Access: Walking distance to Rockridge BART and close to Hwy 24 & I-580—ideal for commuters and students
Significant Rental Upside: ~20% potential rent growth provides a compelling value-add opportunity for investors
Highly Desirable Rental Market: Located in an affluent, supply-constrained neighborhood with consistent demand from UC Berkeley affiliates and profess
Well-Positioned Investment: Ideal for both long-term hold and value-add strategies with immediate income and future growth potential

Financial Summary (Proforma)

Net Operating Income: $236,931 USD (2025)
Cap Rate: 7.18 %
Total Expenses: $112,456 USD

Major Tenants

Tenant SF Occupied Lease End Date
Bourbon & Beef
Crossroads Trading Co
Nathan & Co

Public Transportation

Commuter RailDriveWalkDistance
9 min - 3.2 mi
8 min - 4.7 mi
AirportDriveWalkDistance
Metro Oakland International 20 min - 13.1 mi
San Francisco International 37 min - 23.6 mi
Norman Y Mineta San Jose International 56 min - 44.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Dante Giacomini 415-306-4914 Engel & Volkers
Dante Giacomini 415-306-4914 Engel & Volkers