JUST LISTED | 4 UNITS | RENOVATED | TEMESCAL | 465 40th St
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JUST LISTED | 4 UNITS | RENOVATED | TEMESCAL 465 40th St
4 Unit Apartment Building $1,499,500 ($374,875/Unit) Oakland, CA 94609
Investment Highlights
- Desirable Temescal Location in Oakland
- Modern Terns in All Units w/ Washer & Dryers; Individually Metered for All Utilities (Lower Operating Expenses)
- Near Employment Centers, Shops, Restaurants, and Entertainment along Telegraph Ave, and Broadway
- 4 Large One Bedroom One Bath Units
- On-site Secure Covered Parking (Potential Additional Income); New Electric Gate for Secure Driveway Entrance
- Walking Distance to Macarthur BART; Easy Access to I-580, I-24, I-880 and I-80
Executive Summary
Introducing a prime investment opportunity in the desirable Temescal location of Oakland. This charming 1924 building offers 4 spacious one bedroom, one bath units, each with modern amenities including washer and dryers, and individually metered for all utilities to lower operating expenses. With on-site secure parking and a new electric gate for entry, this property presents additional income potential and peace of mind for tenants. Conveniently located near major employment centers, shops, restaurants, and entertainment, as well as within walking distance to Macarthur BART and easy access to I580, 24, I-880, and I-80, this multifamily gem is a promising addition to any investor's portfolio.
View Disclosures or Submit Offer Here: https://app.disclosures.io/link/465-40th-Street-qj246fap
Virtual Tour:
• Unit D: https://my.matterport.com/show/?m=PLxPtJJjw4h
OFFERS DUE: Offers will be reviewed upon receipt.
View Disclosures or Submit Offer Here: https://app.disclosures.io/link/465-40th-Street-qj246fap
Virtual Tour:
• Unit D: https://my.matterport.com/show/?m=PLxPtJJjw4h
OFFERS DUE: Offers will be reviewed upon receipt.
Property Facts
| Price | $1,499,500 | Building Class | C |
| Price Per Unit | $374,875 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 3,836 SF |
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1924 |
| Apartment Style | Low Rise | Parking Ratio | 1.04/1,000 SF |
| Price | $1,499,500 |
| Price Per Unit | $374,875 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,836 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1924 |
| Parking Ratio | 1.04/1,000 SF |
Unit Amenities
- Washer/Dryer
- Hardwood Floors
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $2,070 | 955 |
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (72)
Bike Score ®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | 012-0972-002-00 | Improvements Assessment | $954,560 |
| Land Assessment | $409,097 | Total Assessment | $1,363,657 |
PROPERTY TAXES
Parcel Number
012-0972-002-00
Land Assessment
$409,097
Improvements Assessment
$954,560
Total Assessment
$1,363,657
zoning
| Zoning Code | R-70, Oakland |
| R-70, Oakland |
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Stephen Pagones -
Michael Pagones -
CPG | Commercial Property Group
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JUST LISTED | 4 UNITS | RENOVATED | TEMESCAL | 465 40th St
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