Mixed-Use Building with
New
For Sale
$2,500,000
6547 Telegraph Avenue, Oakland, CA 94609
A ground-floor bar and five residences share the building, with on-site parking serving each apartment.
Property Size7,596 SF
Price / SF$328.95
Days on Market6
Property Features for 6547 Telegraph Avenue
General Information
Standard status
Active
Size
7,596 SF
Property subtype
Multi Family
Occupancy
100%
Additional Details
Multifamily Units
5
Building Details
Building Size
7,596 SF
Year Built
1930
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
CITRINE ADVISORS, INC.
Listed By:
Tamara Spokane
(415) 609-4662
Source:
Remaxaccord
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 5 at 10:14PM
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 CITRINE ADVISORS, INC.
Investment Insights
Based on property information with market context.
Built in 1930, this two-story mixed-use property contains approximately 7,600 square feet. The White Horse bar occupies the ground floor, with five apartment units above. The commercial space is leased on a triple-net basis, and the property is fully occupied. On-site parking is provided for each apartment unit.
The property is in North Oakland near the South Berkeley border, blocks from UC Berkeley and less than a mile from the Rockridge and Telegraph districts. The ground-floor venue is known as the White Horse Inn.
The property is in North Oakland near the South Berkeley border, blocks from UC Berkeley and less than a mile from the Rockridge and Telegraph districts. The ground-floor venue is known as the White Horse Inn.
Key Highlights
- Approximately 7,600 square feet across two stories
- Five apartment units above the ground‑floor White Horse bar
- Triple‑net lease on the commercial space; property is fully occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$168,948
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,378,960
$3.4M
Cap Rate 7%
$2,413,543
$2.4M
Cap Rate 9%
$1,877,200
$1.9M
Market Conditions
NOI Build-Up for 7,600 SF
Gross rent
$237.1K $31.20/SF
− Vacancy
−$11.9K −$1.56/SF
EGI
$225.3K $29.64/SF
− OpEx
−$56.3K −$7.41/SF
NOI
$168.9K $22.23/SF
Area
Oakland, CA
Vacancy
5.00%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,378,960
Cap Rate 7%
$2,413,543
Cap Rate 9%
$1,877,200
Alternative Uses
Best Use
Specialty Retail
$2.41M
$2.11M – $2.82M
NOI $168,948 @ 7.0% cap · market cap 6.76%
Second Best
Apartment 5plus
$2.29M
$2.01M – $2.67M
NOI $160,474 @ 7.0% cap · market cap 6.42%
Theoretical Best
Multifamily LT 5
$2.49M
$2.18M – $2.90M
NOI $174,175 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,225
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-floor bar and five residences share the building, with on-site parking serving each apartment.
Where is this mixed-use property located?
The property is located at 6547 Telegraph Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Approximately 7,600 square feet across two stories; Five apartment units above the ground‑floor White Horse bar; Triple‑net lease on the commercial space; property is fully occupied
