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5438 Claremont Avenue, Oakland, California 94618, Oakland, 94618 - bed, bath

5438 Claremont Avenue, Oakland, California 94618 home-pic-0
ACTIVE$899,000
5438 Claremont Avenue, Oakland, California 94618
0Bed
0Bath
Sqft
4,900Lot
Year Built
1932
Close
-
List price
$899K
Original List price
$949K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41105735
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $899.0K(40th), sqft - 0(50th), beds - undefined(50th), baths - undefined(50th).

New Price. Set in a central location steps to Temescal farmer’s market and Rockridge restaurants, this turnkey triplex features three 1BD, 1BA apartments. Echoing with period details, the 2,444-SF building melds classic architecture with thoughtful design updates to create a dynamic investment opportunity steps to BART, Casual Carpool and Frog Park. A dynamic property with 3 separately metered units (water/gas/electric), this well-maintained building showcases open floor plans, hardwoods and pared-back interiors. Taking a minimalist approach to modern living, each unit features a spacious living room, eat-in kitchen, and ensuite bedroom with walk-in closet. Shaded by a towering oak, a tranquil backyard welcomes weekend gatherings. Complete with community coin laundry and an attached two-car garage, this versatile triplex offers the flexibility for owner-occupiers and investors alike. Zoned for Chabot Elementary.

Price History

Date
Event
Price
10/09/25
Price Change
$899,000-5.3%
07/22/25
Listing
$949,000
Condition Rating
Fair
Built in 1932, this triplex features hardwood floors and appears generally well-maintained. However, the kitchen, a key area, is significantly outdated with tile countertops, older white appliances (electric cooktop and built-in oven), and dated flooring. While the description mentions 'thoughtful design updates,' these appear to be older renovations, likely 15-30 years ago, rather than recent modern updates. The community laundry room also shows its age with older machines and utilitarian finishes. The property is functional and livable but requires minor to moderate updates, particularly in the kitchen, to meet current aesthetic and quality standards.
Pros & Cons

Pros

Prime Location: Centrally located steps from Temescal farmer’s market, Rockridge restaurants, BART, Casual Carpool, and Frog Park, offering exceptional walkability and access to amenities.
Strong Investment Opportunity: A turnkey triplex with three separately metered 1BD/1BA units, providing a dynamic investment for rental income or owner-occupancy with supplementary income.
Well-Maintained & Updated: Described as a 'well-maintained building' with 'thoughtful design updates' and 'turnkey' status, suggesting minimal immediate capital expenditure for new owners.
Desirable Features & Character: Boasts classic architecture with period details, open floor plans, hardwood floors, spacious rooms, walk-in closets, a tranquil backyard, and an attached two-car garage.
Recent Price Adjustment: The property has seen a recent price reduction from $949,000 to $899,000, making it more competitive and potentially attractive to a wider range of buyers.

Cons

Age of Building: Built in 1932, despite updates, an older structure may present higher long-term maintenance costs and potential for unforeseen issues compared to newer constructions.
Uniform 1BD/1BA Layouts: All three units are 1-bedroom, 1-bathroom, which limits the potential tenant demographic to singles or couples, potentially impacting rental demand or income growth compared to multi-bedroom units.
Unspecified HVAC Systems: The description lacks specific details on heating and cooling systems, which could be a concern for tenant comfort and energy efficiency, potentially requiring future upgrades.

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