Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1922
Sq.Footage
N/A
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).
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Baseboard
Exterior
-
Garage
No
-
Construction Materials
Stucco, Wood Siding
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.0796
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$4,750,000
-
Tax Amount
69020.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Alameda
Elementary School
Middle School
High School
Listing Courtesy of Joseph Owens , Marcus & Millichap
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