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    Industrial properties

    4632 Telegraph Ave, Oakland, CA 94609

    13,563 SF 0.39 ac lot Built 1925
    Trust Owned 31-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-8289502
    Property summary
    AI-generated overview

    This exceptional 13,563-square-foot warehouse, located at 4632 Telegraph Avenue in Oakland, California (APN 13-1150-015-00), presents a rare opportunity for creative reuse. The property sits on a 17,200-square-foot lot and boasts a legendary Cape Cod style with superb street frontage in Oakland's vibrant Temescal District. The building's history includes use as a food processing facility and retail space for Hooper's Chocolates. Features include a double-door columned entrance with paned windows, skylights, ample storage, upstairs office space, five bathrooms, and floor drainage. Exterior amenities include a nicely landscaped lot with pylon signage, a semi-circular driveway, a roll-up door along the driveway, and an outdoor patio. This high-traffic location benefits from a dynamic pedestrian environment and proximity to numerous popular restaurants and businesses, including Burdell Restaurant, Roses' Taproom, Kingfish Pub & Cafe, Bird & Buffalo, Bakesale Betty, Pizzaiolo, Kansai Sushi, and Cholita Linda. The area also boasts a significant daytime workforce from nearby hospitals (UCSF Benioff Children's Hospital, Kaiser Permanente, and Alta Bates Summit Medical Center) and the DMV. The property is conveniently located near the new 5110 Telegraph luxury apartment building with Whole Foods, and offers easy access to Highways 24/580 and BART stations (MacArthur and Rockridge). Numerous development projects have been completed within a 1-2 mile radius in the last five years.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1925
    Construction WOOD
    Total area 13,563 SF
    Lot 0.39 ac (17,200 SF)
    APN 13-1150-15
    UPID US09-8289502
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Earth Tribe Yoga Gym & Fitness Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.56M
    Comparable Approach Comparable
    $2.57M
    Blend (final) Blend
    $2.94M
    Owner & transaction history
    Phillips Trust · 31 yrs held
    Phillips Trust
    since 1994
    2 recorded transactions
    1994
    1994
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $4.9M +24.7%
    Medical building $4.6M +16.4%
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