$7,152,000
-- Bed
-- Bath
12,600 Sq Ft
$568 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • 2-minute walk to Frog Park
  • Oakland Technical High School Rated A
  • Heating Available

About This Home

We are pleased to present 5499 Claremont Avenue, an exceptional 24-unit multifamily investment opportunity located in Oakland's premier Rockridge neighborhood. This trophy asset offers investors a rare combination of stable residential income. 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. This property was purchased from the original builder. Rare 24-unit apartment complex consisting of 24 one bedroom one-bathroom units. The property was built in 1960, offers approximately 12,600 square feet of rental spaces and sits on a 7,500 square foot lot with a parking lot for 10 cars. The units are separately metered for gas and electricity. The units have pleasant views from the entry and living room of upstairs units. The laundry is coin operated for additional income. The property is located in an Excellent location centrally located between Rockridge and Temescal, just 15 minutes away from San Francisco, within a short distance from Rockridge Bart station, Frog Park, Whole Foods, Trader Joe's, Temescal Farmer's Market, and delicious eateries all around!

Listing Agent

Steve Peterson

Infinity Investments Brokerage Email: peterson.infinity@gmail.com License #01746140 Listed on: 03/13/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,500 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Frame Construction

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Rockridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1412724

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Year Built: 1960
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Subdivision Name: Rockridge
  • Directions: Use GPS
  • Garage Yn: No
  • Attribution Contact: peterson.infinity@gmail.com
  • Special Features: None

Interior Features

  • Flooring: See Remarks

Exterior Features

  • Roof: Flat
  • Lot Features: See Remarks
  • Construction Type: Brick Veneer, Frame

Garage/Parking

  • Parking Features: See Remarks

Utilities

  • Heating: Electric, See Remarks
  • Cooling: See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7500
  • Parcel Number: 1412724

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $90,993 $5,835,049 $1,910,160 $3,913,705
2024 $90,993 $5,720,899 $1,872,720 $3,836,995
2023 $95,172 $5,597,760 $1,836,000 $3,761,760
2022 $91,446 $5,499,184 $1,800,000 $3,688,000
2021 $118,295 $7,759,564 $2,424,864 $5,334,700
2020 $16,884 $395,967 $175,314 $220,653
2019 $14,115 $387,269 $171,877 $215,392
2018 $13,785 $379,736 $168,507 $211,229
2017 $12,265 $372,351 $165,203 $207,148
2016 $11,911 $365,111 $161,964 $203,147
2015 $11,798 $359,672 $159,531 $200,141
2014 $12,094 $353,623 $156,407 $197,216
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2026 03/13/26 For Sale $7,152,000 0.0% $568 / Sq Ft
10/08/2024 10/08/24 Off Market $1,795 -- --
09/24/2024 09/24/24 Price Changed $1,795 -5.3% --
09/04/2024 09/04/24 For Rent $1,895 -- --
Source: Bay East Association of REALTORS®

Source: Bay East Association of REALTORS®

MLS Number: 41127059

Bay East Association of REALTORS®
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