5687 Miles Ave Oakland, CA ^$ 4,750,000

5687 Miles Ave

^$ 4,750,000

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5687 Miles Ave

Oakland, CA, 94618

^$ 4,750,000

Studio Baths0.0

Monthly Estimate*

^$ 29,634

Listed by Marcus & Millichap

5687 Miles Ave, Oakland, CA 94618 - Image 1

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5687 Miles Ave, Oakland, CA 94618 - Image 3

5687 Miles Ave, Oakland, CA 94618 - Image 4

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5687 Miles Ave, Oakland, CA 94618 - Image 12

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Studio

Multi-Family Home for sale in Oakland, CA

for $4,750,000. This home was built in 1922 on a lot size of 0.0796.

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).

Multi-Family Active

Price

^$ 4,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 69,020

Style

Lot Size

0.0796

Year Built

1922

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

41107799

Days on Market

124

Features

General

Heating Baseboard

Cooling See Remarks

HOA Fee 0

Construction Materials Stucco Wood Siding

Year Built 1922

Tenant Pays Gas

Property Subtype Apartment

County Alameda

Net Operating Income 285614

Property Type Residential Income

Subdivision Name ROCKRIDGE

Status Active

Directions On Miles Ave West of College Cross Street: College Ave.

City Oakland

Number Of Units Total 11

Lot Size Units Square Feet

Lot Size Square Feet 3467

Tax Annual Amount 69020

Standard Status Active

Virtual Tour https://www.marcusmillichap.com/properties/186112/5687-miles-ave

Property Sub Type Additional Apartment

Cap Rate 6.01

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Lot Features Street Level

Total Parking 0

Lot Size Area 3467

Lot Size Acres 0.0796

* Excluded Features

List By

Marcus & Millichap

Broker

joe.owens@marcusmillichap.com

Affordability Calculator

$35,385

Per Month

Monthly Principal & Interest: $29,634
Monthly Property Taxes: $5,752
Monthly Home Insurance: --

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Down Payment

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Oakland, CA

Average List Price ^$1,012,356

Percent of Sale Price 79%

About Oakland, CA

423,136 Population

6% Since 2002

^$62,902 Median Income

38.73 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$4,750,000		Listed Price

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5687 Miles Ave, Oakland, CA, 94618 is a Multi-Family Home for sale at $4,750,000 with a lot size of 0.0796. 5687 Miles Ave is a studio with 0.0 baths and was built in 1922. The property's zip code is 94618 which is in Oakland, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/12/2025. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5687 Miles Ave

Multi-Family Home for sale in Oakland, CA

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