3188 Telegraph Ave Oakland, CA 94609
- Land
Current Use by Public Records
- kono food alley / Food Court
Property Details for 3188 Telegraph Ave
- Property type
- Land
Description
This exceptional 7,500 sq ft commercial parking lot in Oakland's Pill Hill neighborhood offers a prime investment opportunity. Located at 3188 Telegraph Ave, near the intersection of Hawthorne, this single-tenant property boasts 25 parking spaces, zoned CC2 in Alameda County (zip code 94609). Its strategic location places it within easy walking distance of Alta Bates Sutter Hospital, Samuel Merritt University, and a thriving mix of restaurants and shops. The property is ideal for medical professionals, students, or businesses seeking convenient parking solutions for their employees or clients. Flexible leasing options are available, including individual space rentals at $150/month or a discounted bulk rate of $3,500/month for the entire lot. Discounted rates are offered for leases exceeding one year. This presents a strong potential for consistent rental income and a solid return on investment. The property is easily accessible and benefits from high visibility in a densely populated area with significant foot and vehicle traffic. This is a rare opportunity to acquire a well-situated commercial parking lot in a high-demand location. First-come, first-served basis for parking space reservation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.267
- Latitude
- 37.8208
