5651 Telegraph, Oakland, California 94609, Oakland, 94609 - bed, bath
ACTIVE$1,100,000
5651 Telegraph, Oakland, California 94609
0Bed
0Bath
Sqft
5,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Investment Opportunity: Explicitly described as a 'fantastic investment opportunity' and a 'rare and valuable find' in a highly desirable neighborhood, indicating strong potential for appreciation and rental income.
Top Cons:
Age of Property: Built in 1943, while stated as 'well-maintained,' older properties may incur higher long-term maintenance costs for systems (plumbing, electrical, HVAC) and could require significant capital expenditure for modern upgrades to maximize rental potential.
Compared to the nearby listings
Price:$1.10M vs avg $975.0K (+$125,000)67%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1943 (82 years old).
Condition: Built in 1943, this property shows significant age and wear in its interior spaces. The kitchen features very dated white appliances, worn cabinets, and old linoleum flooring, indicating renovations likely 30-50 years ago. The bathroom also presents with outdated tile work, a worn tub, and older fixtures. While the listing mentions 'well-maintained,' the visual evidence suggests that the interior finishes and key systems (kitchen, bathroom) require substantial repairs and rehabilitation to meet modern living standards, aligning with the 'poor' condition criteria.
Year Built
1943
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41113747
Home ConditionPoor
Features
View-
About this home
Fantastic investment opportunity in the highly desirable Upper Telegraph/Bushrod neighborhood—just minutes from UC Berkeley and Alta Bates Hospital. This well-maintained 4-plex features two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, with one unit currently vacant and the others occupied by reliable long-term tenants. Ideal for college students, traveling nurses, or commuters, the location offers easy access to Highway 24, I-580, AC Transit, and BART. Nestled on a block with seven nearly identical 4-plexes, this property combines strong rental demand with excellent accessibility, making it a rare and valuable find.
Nearby schools
1/10
Sankofa Academy
Public,•PK-5•0.4mi
8/10
Peralta Elementary School
Public,•K-5•0.5mi
6/10
Malcolm X Elementary School
Public,•K-5•0.9mi
6/10
Leconte Elementary School
Public,•K-5•1.0mi
6/10
John Muir Elementary School
Public,•K-5•1.4mi
7/10
Emerson Elementary School
Public,•K-5•1.5mi
6/10
Claremont Middle School
Public,•6-8•0.6mi
8/10
Willard Middle School
Public,•6-8•1.2mi
2/10
Oakland International High School
Public,•9-12•0.6mi
7/10
Oakland Technical High School
Public,•9-12•0.8mi
8/10
Berkeley High School
Public,•9-12•1.9mi
2/10
Fremont High
Public,•9-12•5.5mi
Condition Rating
Poor
Built in 1943, this property shows significant age and wear in its interior spaces. The kitchen features very dated white appliances, worn cabinets, and old linoleum flooring, indicating renovations likely 30-50 years ago. The bathroom also presents with outdated tile work, a worn tub, and older fixtures. While the listing mentions 'well-maintained,' the visual evidence suggests that the interior finishes and key systems (kitchen, bathroom) require substantial repairs and rehabilitation to meet modern living standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Prime Investment Opportunity: Explicitly described as a 'fantastic investment opportunity' and a 'rare and valuable find' in a highly desirable neighborhood, indicating strong potential for appreciation and rental income.
Strategic Location: Situated in the Upper Telegraph/Bushrod neighborhood, minutes from UC Berkeley and Alta Bates Hospital, attracting a consistent pool of renters including college students and traveling nurses.
Strong Rental Demand: The property caters to high-demand tenant demographics such as college students, traveling nurses, and commuters, ensuring robust occupancy rates.
Excellent Transportation Accessibility: Offers easy access to major highways (24, I-580), AC Transit, and BART, making it highly attractive to commuters and enhancing its rental appeal.
Multi-Unit Income Property: A well-maintained 4-plex with diversified unit types (two 2B/1B, two 1B/1B) provides multiple income streams, and one vacant unit offers immediate flexibility for owner-occupancy or re-tenanting at market rates.
Cons
Age of Property: Built in 1943, while stated as 'well-maintained,' older properties may incur higher long-term maintenance costs for systems (plumbing, electrical, HVAC) and could require significant capital expenditure for modern upgrades to maximize rental potential.
Limited Unit Specifics: The description lacks detailed information on the interior condition, specific amenities, or recent renovations within individual units, which could imply standard or outdated finishes that may not command premium rents.
One Vacant Unit: Although offering flexibility, the current vacancy represents immediate lost income and potential costs for turnover (cleaning, repairs, marketing) before a new tenant is secured, impacting initial cash flow.