2 months on rocket

5659 Telegraph, Oakland, CA, 94609

$1,198,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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5659 Telegraph, Oakland$1,198,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAssigned, On Street
Year Built1943
HeatingNatural Gas, Wall Furnace
MLS #41072509
Lot Size0.11 Acres
StatusActive

About 5659 Telegraph

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.

Property Details

Property Features

Property Information:

  • Year Built: 1943

Listing Office:

  • Office Name: Berkshire Hathaway Home Services
  • Office Phone: (510) 537-9800
  • Listing Agent: Markus Brown

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Flooring Type: Carpet, Laminate, Tile

Exterior Features

Parking Information:

  • Parking: Assigned, On Street

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Wall Furnace

Other

Directions Information:

  • Directions: Exit Telegraph from highway 24 make right Cross Street: Telegraph.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,198,000
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

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Oakland, CA

City

Med. Sold Price

$860.7K

Med. Price/SqFt

$591

Avg. Days On Market

33

# of Sold Homes

268

5659 Telegraph vs Oakland

69 DAYS ON ROCKET

+36 Days

$1,198,000

+$337.2K More

KEY TAKEAWAY

This property is $337.2K more than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41072509

Listing Office:

  • Office Name: Berkshire Hathaway Home Services
  • Office Phone: (510) 537-9800
  • Listing Agent: Markus Brown

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$6,047

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,658

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-537618
7
/10

  • Peralta Elementary School

  • 460 63rd St

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-537619
6
/10

  • Emerson Elementary School

  • 4803 Lawton Ave

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-537620
7
/10

  • Malcom X Elementary School

  • 1731 Prince St

  • 0.95 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,859. Residents of Oakland, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94609›5659 Telegraph

This home is located at 5659 Telegraph in Oakland, CA and zip code 94609 in the Brushrod neighborhood. This home, which was built in 1943, sits on a 0.11 acre lot. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $1,198,000.

Over 165 listings were sold over their listed price in October 2024 in Oakland, CA. In the same period over 45 listings were sold below the listed price and 30 listings were sold for the listed price. The inventory of homes for sale in Oakland, CA between September 2024 and October 2024 increased by 9.9%. While the average time on the market in October 2024 was 33 days, the median list price was $860,714.

From Rocket Homes Real Estate and based on county public records data.

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