2878 Telegraph Ave Oakland, CA 94609-3619

This exceptional investment opportunity presents a vibrant 12-unit mixed-use complex at 2878 Telegraph Avenue in Oakland, California. The property encompasses 9,484 square feet on a 0.14-acre lot and boasts a diverse unit mix ideal for generating substantial rental income. Eight one-bedroom, one-bathroom apartments are complemented by one unique one-bedroom loft apartment, providing a variety of housing options. Three commercial storefronts further enhance the property's income potential and versatility. Located in the heart of Oakland, near Downtown, this complex benefits from its prime location, offering easy access to major freeways (980, 880, and 580) and proximity to popular attractions such as the Fox Theatre, Lake Merritt, Jack London Square, and Alameda. The high demand for housing in this area, coupled with its proximity to Downtown Oakland and San Francisco, ensures consistent occupancy and strong rental returns. The property also presents the potential for adding additional dwelling units (ADUs), further increasing its value and investment potential. This is a rare opportunity to acquire a well-situated, income-producing property with significant upside. The property's blend of residential and commercial units makes it an attractive investment for those seeking diversification and strong returns in a thriving Oakland location.