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$4,750,000
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Property Description
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).
Full Property Details
Full Property Details for 5687 Miles Ave
General
- Price: $4,750,000
- Status: Active
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41107799
- Updated: 10/23/2025
- Added to Site: 161 day(s) ago
Interior
- Flooring: Other
Additional Information
- Equipment: Other
Parking
- Parking Features: On Street
Location
- Area: Listing
- County: Alameda
- Subdivision: Rockridge
- Driving Directions: On Miles Ave, West of College
Heating & Cooling
- Cooling Type: Other
- Heating Type: Baseboard
Structural Information
- Exterior Const.: Stucco, Frame
- Roof: Flat
- Year Built: 1922
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 3484.8
- Lot Features: Level
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $651
- Terms: Conventional
Disclosures and Reports
- Property ID: 1412666
Listed by Marcus & Millichap, Joseph Owens
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Schools
Schools serving 5687 Miles Ave
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
Chabot Elementary School, Oakland, CA 6686 Chabot Road, Oakland, CA 94618 | K-5 | 0.6 mi |
Claremont Middle School 5750 College Avenue, Oakland, CA 94618 | 6-8 | 0.1 mi |
Oakland Technical High School 4351 BRd.way, Oakland, CA 94611 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5687 Miles Ave
Date
Details
Price
Change
Source
8/11/2025
Listed
$4,750,000
11.76%
MLS
10/08/2015
Sold
$4,250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5687 Miles Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$74,145
4%
$5,031,021
2%
2024
$71,318
-5%
$4,932,380
2%
2023
$75,190
3%
$4,835,692
2%
2022
$72,973
5%
$4,740,874
2%
2021
$69,695
1%
$4,647,926
1%
2020
$69,313
4%
$4,609,239
2%
2019
$66,643
2%
$4,510,100
2%
2018
$65,206
5%
$4,421,700
2%
2017
$62,362
2%
$4,335,000
2%
2016
$61,044
262%
$4,250,000
337%
2015
$16,847
-4%
$972,271
2%
2014
$17,485
1%
$953,226
—
2013
$17,281
—
$948,923
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5687 Miles Ave
5687 Miles Ave, Oakland, CA 94618 (MLS# 41107799) is a Commercial Residential Facility property. 5687 Miles Ave is currently listed for $4,750,000 and was received on August 11, 2025. Want to learn more about 5687 Miles Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

