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5-Unit Apartment Building with Two Buildings
For Sale
$1,050,000

5418 Telegraph Ave, Oakland, CA 94609

MULTI_FAMILY - Oakland, CA

Property Size3,382 SF
Lot Size0.17 Acres
Price / SF$310.47
Days on Market106

Property Features for 5418 Telegraph Ave

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features On Street, Offsite, Carport
Interior features Storage
Subdivision TEMESCAL
Lot features Level
Standard status Active
APN 14122523
Size 3,382 SF
Lot size 0.17 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Wall Furnace
Water source Public

Building Details

Year built 1912
Flooring type Laminate
Building materials Aluminum Siding, Stucco
Roof type Shingle
Additional Structures Storage
Listing Agency: KW Advisors East Bay · Keller Williams Realty
Listed By: Stephanie Christmas · License #01308253
Added: Apr 18 Changed: Jul 31 Last Checked: Aug 1 at 2:06PM
MLS# 41131540

Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5-unit apartment building is made up of two separate buildings on a 7,500 SF lot (0.1722 acres). The front building is located along Telegraph Avenue and includes four 1-bedroom, 1-bathroom units, with two units on the ground floor and two on the second level. The rear building will be delivered vacant, offering flexibility for owner-occupancy or lease-up.

The property was fully renovated in 2014 and sits within Oakland’s Temescal neighborhood, known for a lively mix of restaurants, cafes, and boutique retail along an active streetscape. The rear building’s second level features a 2-bedroom, 1-bathroom unit. The ground level includes three rooms, a half bath, and a separate storage/utility area, along with a spacious lower flex area described as having potential for a variety of uses.

Built in 1912, the property includes storage and features such as laminate flooring, a shingle roof, aluminum siding and stucco construction, natural gas wall furnace heating, public water, and public sewer. Parking is available on street, offsite, with a carport also listed.

Key Highlights

  • Two separate buildings on a 7,500 SF lot (0.1722 acres)
  • Front building has four 1‑bedroom, 1‑bath units with two ground‑floor and two second‑level units
  • Rear building delivered vacant for owner‑occupancy or lease‑up

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $136.0k $40.20
− Vacancy −$6.1k −$1.81
EGI $129.8k $38.39
− OpEx −$58.4k −$17.28
NOI $71.4k $21.12
3,382 SF · lease $40.20/SF/yr · vacancy 4.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.02M
$892.6K – $1.19M (±1% cap)
NOI $71,411 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.11M
$968.9K – $1.29M (±1% cap)
NOI $77,508 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Home Appliance Store Big Box & Wholesale Store Mobile Phone Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,529
Businesses Nearby

Demographics for 94609, CA

23,578
Population
11,915
Households
2
Avg Household Size
36
Median Age
62%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
13,869
Density / Sq Mi
$106,698
Median Household Income
$69,221
Median Earnings
$2,116
Median Rent
$1,147,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully renovated in 2014; rear building delivered vacant while the front building provides four 1-bedroom units.
Where is this apartment building located?
The property is located at 5418 Telegraph Ave Oakland, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two separate buildings on a 7,500 SF lot (0.1722 acres); Front building has four 1‑bedroom, 1‑bath units with two ground‑floor and two second‑level units; Rear building delivered vacant for owner‑occupancy or lease‑up
More about this property
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