We are pleased to present 5687 Miles Avenue, an exceptional 11-unit multifamily investment opportunity located in Oakland's premier Rockridge neighborhood. This trophy asset offers investors a rare combination of stable residential income as well as substantial commercial revenue through long-term wireless carrier roof top leases. The property's strategic positioning directly across from the Rockridge BART station provides unmatched connectivity to major employment centers, with 22-minute access to San Francisco's Financial District and seamless highway connectivity via Route 24. The building's desirable unit mix of studios through two-bedroom apartments commands strong rents in a neighborhood characterized by affluent demographics, including a median household income of $212,638 and exceptional walkability (Walk Score 97/100).
3,467 Sq Ft Exterior Space
Apartment
$69,020 Annual Tax
Built in 1922
MLS/Listing ID 41107799
11 Units
Heating - Baseboard
Construction - Stucco
Construction - Wood Siding
Lot - Street Level
Listing Courtesy of MARCUS & MILLICHAP, JOSEPH OWENS - 925-808-9098
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE
TOTAL MONTHLY COST
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