2878 Telegraph Avenue

Oakland, CA 94609

$1,695,000
Price
Beds
Baths
9,484 Sq. Ft.
$179 / Sq. Ft.
9,484
Sq. Ft.
$179
per Sq. Ft.

Description

2874-2882 Telegraph Avean exceptional investment opportunity in the heart of Oakland! This vibrant, 12-unit mixed-use complex is located near Downtown Oakland, offering a great location for both investors and tenants alike. This property features a versatile unit mix of eight 1-bedroom, 1-bath, one 1-bedroom loft apartments and three commercial storefronts. With approximately 9,484 square feet of living space on a 0.14-acre lot, the complex provides an attractive blend of apartment units and commercial...2874-2882 Telegraph Avean exceptional investment opportunity in the heart of Oakland! This vibrant, 12-unit mixed-use complex is located near Downtown Oakland, offering a great location for both investors and tenants alike. This property features a versatile unit mix of eight 1-bedroom, 1-bath, one 1-bedroom loft apartments and three commercial storefronts. With approximately 9,484 square feet of living space on a 0.14-acre lot, the complex provides an attractive blend of apartment units and commercial storefronts, offering substantial rental income potential for investors. What truly sets this property apart is its location and potential to add additional dwelling units (ADU). Its proximity to Downtown Oakland makes it an ideal housing option for locals and people who commute to San Francisco, ensuring consistent high demand and low vacancy rates. The surrounding area offers even more appeal located less than a mile from Downtown Oakland and with easy access to Highways 980, 880, and 580, and a quick drive away from world-renowned Fox Theatre, Lake Merrit, Jack London Square, and Alameda.

Listing Agents

  1. Tony Zizzo

    Tony Zizzo

    Listing Agent

    Compass

    DRE #01962093

    tony.zizzo@compass.com

    P: (408)-772-8661

  2. Ray Rodriguez

    Ray Rodriguez

    Alternative Listing Agent

    Compass

    DRE #01999734

    ray.rodriguez@compass.com

    P: (626)-483-5136

Property Details for 2878 Telegraph Avenue

MLS City Name
OAKLAND
Building Type
Other
Garage Spaces
0
Parking Spaces
5
LISTING UPDATED: 01/22/2025 12:20 AM

Property Details for 2878 Telegraph Avenue

StatusActive
MLS #ML81990567
Days on Compass36
Taxes$21,362 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1905
Lot Size0.14 AC / 6,000 SF
CountyAlameda County

Building Information for 2878 Telegraph Avenue

Stories-Residences-Year Built1905Building Size-Lot Size0.14 AC / 6,000 SF

Property Information for 2878 Telegraph Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 9484
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Other
  • Heating: Other
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Private
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Private / Mutual
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: On Street, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 12
  • Area Text: Oakland Zip Code 94609
  • Restrictions: Other
  • Roof: Flat / Low Pitch, Tar and Gravel
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 2878
  • Street Name: Telegraph
  • Street Suffix: Avenue
  • Area ID: 2609
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 9484
  • Structure SqFt Source: Assessor
  • Age: 120
Development Information
  • Zoning Detail: CC-2, S-13
Location Information
  • Parcel Number: 009-0688-018
  • County Name: Alameda
  • City Name: OAKLAND
  • City Postal ID: 131
  • Postal Code: 94609
  • Elementary School District: 1686
  • High School District Text: Oakland Unified
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: .14
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 10
General Information
  • Annual Tax Amount: $21,362
  • Capitalization Rate: 6.74
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents, Other
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $10,000
  • Expense Landscape: $0
  • Expense Maintenance: $6,600
  • Expense Management: $0
  • Expense Trash: $10,227
  • Expenses Other: $8,555
  • Expenses Utility: $8,966
  • Expenses Total: $65,710
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 9.13
  • Income Annual Gross: $180,024
  • Income Annual Rental: $184,272
  • Income Gross Scheduled: $185,592
  • Income Other: $1,320
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $989
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $584
Unit 3 Information
  • Unit 3 Full Bathrooms: 3
  • Unit 3 Rent: $1,500

Property History for 2878 Telegraph Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2878 Telegraph Avenue

Taxable ValueLand$706,950Additions$968,521Total$1,675,471
Tax Record2024$29,671 ($2,473 / month)
Home Facts
Total Finished SqFt9,484 SqFtAbove Grade Finished SqFt9,484 SqFtStories3Lot Size6,000 SqFtStyleOffice BuildingYear Built1905CountyALAMEDAAPN9-688-18

Schools near 2878 Telegraph Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Martin Luther King, Jr. Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

Street Academy (Alternative)
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2878 Telegraph Avenue is for sale in Oakland, CA 94609. This property was listed for sale on January 15, 2025 by Compass, it's currently listed at $1,695,000. This listing's school district is Oakland Unified School District. Nearby schools include Martin Luther King, Jr. Elementary School, Westlake Middle School and Oakland Technical High School. 2878 Telegraph Avenue is a 0-bed, 0-bath, 9,484 sqft built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Tony Zizzo, DRE #01962093; Compass, Ray Rodriguez, DRE #01999734

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.