Property overview

5659 Telegraph Ave, Oakland, CA 94609

Beats renting and index funds on our cautious numbers, with enough room to absorb a normal rent shortfall. This one passed our bar.

Bushrod / Longfellow flatlands · MacArthur BART station 0.98 mi

Analysis of 2026-09-23 · page updated 2026-10-09

Ask $1,100,000 Beds / baths 6 / 4 Listed sqft 2,916 Units 4 Days on market 269 as of 2026-10-09 HOA $0 APN 15-1277-19-1

The underwrite

What the $79 underwrite contains

The facts below are public, and so is every source behind them. What a buyer pays for is the answer and the working behind it.

Our answer at cautious, expected and best-case rents, side by side.
Every rent we used, and the registry cells it came from.
Tax reset arithmetic at this ask, with each parcel charge named.
How far rents can fall before the answer turns over.
What would change the answer.
What to demand in writing before you sign.

Underwrite this building — $79 Take the pass — $49/mo

Delivered within one business day. Every Bay Area 2–4 unit that beats renting and index funds, the week it lists.

Members: open the full underwrite

This building stood on a board, so the pass opens its underwrite. Sign in and this page hands you the whole thing.

Verification

What we verified

Fact	Status	Source
4 dwellings	corroborated	the seller's own prose enumerates the mix, "two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units", which sums to the feed's 6 beds and 4 baths exactly; the listing unit chip reads 4 and the property subtype reads Quadruplex; a standing verdict-ledger entry records 4 units for this parcel
One unit vacant, three tenanted	corroborated	the listing states "one unit currently vacant and the rest occupied by reliable long-term tenants"; this is why the record states no tenancy-recovery section, the owner's own dwelling is the empty one
In-place rent $8,900 a month	corroborated	the verified listing record of 2026-09-23 states a current gross rent of $8,900 against three occupied dwellings. That's a measurement, and it governs over any research band. No per-dwelling split is published, so how the $8,900 divides across the three isn't stated anywhere
FY 2025-26 secured bill $13,663.14	corroborated	Alameda County bill 03867500 on APN 15-1277-19-1, ad valorem 1.2779% on an assessment of $432,873 plus $8,131.46 of direct charges across 28 lines, $3,319.66 of which is a one-off EBMUD arrears line, so $4,811.80 recurs. The parcel number on the verified listing record matches the bill to the digit
2,916 square feet, built 1943	corroborated	the listing feed and the verified listing record state the same square footage and the same build year
253 days on market at an unchanged price	corroborated	the feed's listing date and the verified listing record agree on both the asking price and the day count
Condition of the kitchens and bathrooms	divergent	the seller calls the building well-maintained. Our review of 42 listing frames flags several kitchens and several bathrooms in impaired condition. Both readings sit on this page, and the photographs are the side we can show

6 facts checked against a named source. 1 we could not settle. 6 open questions, written out in the underwrite.

Assessor

What the roll says

Assessed value: $432,873
Tax rate area: 17-003
Rate used: 1.278%
Tax bill at this ask: $14,057/yr
With parcel charges: $18,869/yr

A bill on the roll belongs to the seller. A sale resets the assessment, so the figure above is what a buyer at this ask would owe.

Community facilities district: no community facilities district levy appears on this bill

Standing

Where this sat

On the East Bay board on September 23, 2026.