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2874-2882 Telegraph ave
Oakland, CA 94609
Multifamily Property For Sale · 12 Units

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Investment Highlights

  • Diverse unit mix: (8) 1-bedroom/1-bath apartments, (1) 1-bedroom loft, and (3) commercial storefronts.
  • Value-add potential with the opportunity to add additional dwelling units (ADUs). Buyer to conduct Feasibility study.
  • Billboard located on top of building provides additional income. Buyer to verify current billboard lease.
  • ±9,484 SF building on a 0.14-acre lot.
  • Surrounded by top amenities and attractions, including the Fox Theatre, Lake Merritt, Jack London Square, and Alameda, supporting strong rental demand

Executive Summary

The R&Z Group of Compass Commercial is proud to present 2874–2882 Telegraph Avenue, a premier investment opportunity in the dynamic heart of Oakland. This well-positioned 12-unit mixed-use property offers an outstanding combination of strong rental demand, income potential, and future upside, all just minutes from Downtown Oakland.
The property features a highly desirable unit mix consisting of eight 1-bedroom/1-bath apartments, one 1-bedroom loft, and three commercial storefronts. Encompassing approximately 9,484 square feet on a 0.14-acre lot, the complex provides an ideal blend of residential and retail space, creating multiple streams of revenue for investors.
A key highlight of this asset is its exceptional location along Telegraph Avenue, paired with the potential to add additional dwelling units (ADUs)—enhancing long-term value and flexibility. Its close proximity to Downtown Oakland makes it an attractive housing option for both local residents and commuters traveling to San Francisco, supporting consistently high occupancy and low vacancy rates.
Residents and tenants alike benefit from nearby access to major transportation routes, including Highways 980, 880, and 580, as well as Oakland’s most celebrated destinations such as the Fox Theatre, Lake Merritt, Jack London Square, and Alameda.
This is a rare opportunity to acquire a mixed-use asset in one of the Bay Area’s most vibrant and growing markets. Contact The R&Z Group of Compass Commercial today to schedule a private tour and secure 2874–2882 Telegraph Avenue as your next standout investment.

Property Facts

Price Per Unit $112,500
Sale Type Investment
Cap Rate 8.04%
Gross Rent Multiplier 7.57
No. Units 12
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 9,484 SF
Average Occupancy 83%
No. Stories 3
Year Built 1905
Parking Ratio 0.74/1,000 SF
Zoning CC-2 , S-13

Amenities

Site Amenities

  • Controlled Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 $1,048 -
Studios 1 $584.00 -

Property Taxes

Property Taxes

Parcel Number
009-0688-018-00
Land Assessment
$721,086
Improvements Assessment
$987,887
Total Assessment
$1,708,973
  • Listing ID: 39434741

  • Date on Market: 2/13/2026

  • Last Updated:

  • Address: 2874-2882 Telegraph ave, Oakland, CA 94609

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