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5659 Telegraph Ave, Oakland, CA 94609

List Price: $1,125,000On Market FlagOn market
Sep 9, 20242,916 sqft6 beds0 baths
Listed by: Markus Brown
License #: 02033178
Phone #: 510-691-3947
Berkshire Hathaway Home Services
Source:
CRMLS Logo
MLS #: 41072509

Property Description

GREAT OPPORTUNITY! Nestled in the highly sought-after Upper Telegraph/Bushrod neighborhood, making it a prime opportunity for those seeking proximity to UC Berkeley and Alta Bates Hospital. With convenient access to Highway 24, I-580, and public transportation options like AC Transit and BART stations, it is ideally suited for college students, traveling nurses, and others who value accessibility. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, with one unit currently vacant and the rest occupied by reliable long-term tenants. Situated on a block with seven nearly identical 4-plexes, this well-maintained property offers a stable investment opportunity in a high-demand area. Residents can enjoy nearby dining options and grocery stores like Whole Foods and Safeway, enhancing the property's appeal. Additionally, the potential for Airbnb rentals adds versatility, making this an attractive option for investors looking to capitalize on a desirable location with strong rental demand.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$22,833

TurboHome Estimated Value

$1,323,600

$454 sqft

High Valuation
$1,389,780
$477/sqft
Normal Valuation
$1,323,600
$454/sqft
Low Valuation
$1,257,420
$431/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$454/sqft$1,323,600

Neighborhood: Bushrod

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Comparative Value

$800K

$998K

$1.13M

$1.38M

3114 California St, Berkeley, CA 94703

Sale Price: $800,000

Selected Comparable

1075 53rd St, Oakland, CA 94608

Sale Price: $998,000

Selected Comparable

2227 Parker St, Berkeley, CA 94704

Sale Price: $1,002,550

Selected Comparable

5659 Telegraph Ave, Oakland, CA 94609

List Price: $1,125,000

Subject Property

653 54th St, Oakland, CA 94609

Sale Price: $1,140,000

Selected Comparable

1064 47th St, Emeryville, CA 94608

Sale Price: $1,375,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5659 Telegraph Ave, Oakland, CA 94609

5659 Telegraph Ave, Oakland, CA 94609

List: $1,125,000

Listed: 9/9/2024

Area:2,916 sqft
Price/sqft:$386
Beds:6
Baths:
Year Built:
Lot Size:5,000

Comparable Properties

COMPARABLE
Choose comps
1075 53rd St, Oakland, CA 94608

1075 53rd St, Oakland, CA 94608

Sale: $998,000

3/14/20251.09 mi

Area:3,122 sqft
Price/sqft:$320
Beds:6
Baths:
Year Built:
Weight:22.7%
653 54th St, Oakland, CA 94609

653 54th St, Oakland, CA 94609

Sale: $1,140,000

5/6/20250.32 mi

Area:2,730 sqft
Price/sqft:$418
Beds:5
Baths:
Year Built:
Weight:20.8%
2227 Parker St, Berkeley, CA 94704

2227 Parker St, Berkeley, CA 94704

Sale: $1,002,550

1/15/20251.42 mi

Area:3,575 sqft
Price/sqft:$280
Beds:6
Baths:
Year Built:
Weight:19.2%
3114 California St, Berkeley, CA 94703

3114 California St, Berkeley, CA 94703

Sale: $800,000

4/9/20251.01 mi

Area:3,190 sqft
Price/sqft:$251
Beds:5
Baths:
Year Built:
Weight:18.6%
1064 47th St, Emeryville, CA 94608

1064 47th St, Emeryville, CA 94608

Sale: $1,375,000

6/4/20251.05 mi

Area:3,240 sqft
Price/sqft:$424
Beds:5
Baths:
Year Built:
Weight:18.6%

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