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    Mixed-Use Residential and Retail Property Title is generated by Realmo AI

    2821 Telegraph Avenue Oakland, Oakland, CA 94609

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    Claim this Listing
    For Sale
    $3,100,000

    Two-building mixed-use asset with seven apartments and two retail stores along a high-traffic corridor.

    Property size:
    7,436 SF
    Price / SF:
    $416/SF
    Added:
    Jun 30, 2026
    Days on Market:
    9
    Last Refresh:
    Jul 1 at 2:15 am

    Property Features for 2821 Telegraph Avenue Oakland

    General Information

    Standard status
    Active
    Size
    7,436 SF

    Building Details

    Year Built
    1908

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    Esmeralda Aitken

    Listing office

    Listing date Jun 30, 2026

    Source Rmarealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Esmeralda Aitken

    HighLights

    • Two buildings totaling 7 residential apartment units and 2 retail stores at 2821 Telegraph Ave, Oakland, CA 94609.
    • 7,436 total building area (per assessor) on a 0.1495‑acre lot.
    • Year built 1908.
    • Public water supply.
    • Air conditioning available (per interior features).
    • 2 total parking spaces.

    Overview

    This mixed-use property features two buildings totaling seven residential apartment units and two retail stores. The configuration provides income-generating space across both street-level retail and residential living, offering a diversified tenancy setup within the same ownership.

    The property is positioned along a high-traffic corridor in North Oakland, with accessibility supported by proximity to public transit, UC Berkeley, and major commuter routes. The location also benefits from strong day-to-day visibility associated with a well-traveled roadway.

    For investors or operators seeking a combined residential and retail platform, the unit mix can support a flexible approach to managing leasing across multiple space types. The presence of two dedicated retail stores alongside the apartment units may appeal to buyers looking to own and operate a property that serves both residential and neighborhood retail needs in a transit-connected area.

    Local 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 $298.9k $40.20
    − Vacancy −$13.5k −$1.81
    EGI $285.5k $38.39
    − OpEx −$128.5k −$17.28
    NOI $157.0k $21.12
    7,436 SF · lease $40.20/SF/yr · vacancy 4.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $2.24M
    $1.96M – $2.62M (±1% cap)
    NOI $157,012 @ 7.0% cap · market cap 5.06%
    Second Best
    Retail
    $2.06M
    $1.80M – $2.40M (±1% cap)
    NOI $144,178 @ 7.0% cap · market cap 4.65%
    Theoretical Best
    Multifamily LT 5
    $2.43M
    $2.13M – $2.84M (±1% cap)
    NOI $170,416 @ 7.0% cap · market cap 5.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Pet Grooming Service Electrical Service Tanning Salon (Bike/Boat/Book/etc) Store HVAC Service Mobile Phone Store Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2679347
    Latitude
    37.8178361

    FAQs

    What type of property is this?
    Apartment building - Two-building mixed-use asset with seven apartments and two retail stores along a high-traffic corridor.
    Where is this apartment building located?
    The property is located at 2821 Telegraph Avenue Oakland Oakland, CA.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: Two buildings totaling 7 residential apartment units and 2 retail stores at 2821 Telegraph Ave, Oakland, CA 94609.; 7,436 total building area (per assessor) on a 0.1495‑acre lot.; Year built 1908.
    More about this property
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