Miles Ave

Oakland | California

The Pinnacle of

Apartment Living

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Joseph Owens

Presented At

$4,750,000

Living

7,295

SQFT

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5687

Miles Ave

Oakland | California

5687 Miles Ave, Oakland, California, United States. , Oakland , California

Multi Family in Oakland

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).

Property

3D Street View Tour

Property Location

5687 Miles Ave, Oakland, California, United States., Oakland California

Local Weather & Climate

Oakland, California

Current Conditions Updated recently

52 °F

Broken clouds

Feels Like 50°F

Humidity 79%

Wind 9 mph

Visibility 6.2 mi

Sunrise 3:03 PM

Sunset 1:43 AM

5-Day Forecast

Thu 12 Feb

Clouds

High 62°

Low 51°

Fri 13 Feb

Clear

High 61°

Low 50°

Sat 14 Feb

Clouds

High 59°

Low 51°

Sun 15 Feb

Clouds

High 59°

Low 51°

Mon 16 Feb

Rain

High 57°

Low 49°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Oakland?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Frequently Asked Questions

Common questions about this property

What is the size of 5687 Miles Ave, Oakland, California, United States?

This property offers 7,295 square feet of living space.

What is the listing price for 5687 Miles Ave, Oakland, California, United States?

This property is listed at $475,000,000, which equals $65113 per square foot.

What type of property is 5687 Miles Ave, Oakland, California, United States?

This is a apartment located in Oakland, California. The property is situated in an established neighborhood with convenient access to local amenities and services.