465 40th Street

Oakland, CA 94609

$1,499,500
Price
4
Beds
4
Baths
3,836 Sq. Ft.
$391 / Sq. Ft.
3,836
Sq. Ft.
$391
per Sq. Ft.

Description

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,...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 I-580, I-24, I-880, and I-80, this multifamily gem is a promising addition to any investor's portfolio.
  1. Listed by Michael Pagones • DRE #01749383 • Oak Tree Property Group
  2. Listed by Stephen Pagones • DRE #01760998 • Oak Tree Property Group

Property Details for 465 40th Street

City
OAKLAND
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Enclosed
Park Spaces Total
4
LISTING UPDATED: 11/27/2024 04:28 PM

Property Details for 465 40th Street

StatusActive
MLS #41068784
Days on Compass138
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1924
Lot Size0.13 AC / 5,733 SF
CountyAlameda County

Virtual Tour

Building Information for 465 40th Street

Stories-Residences4Year Built1924Building Size-Lot Size0.13 AC / 5,733 SF

Property Information for 465 40th Street

Features
Feature Details
  • Flooring: Hardwood Floors, Tile
  • Laundry: Inside Unit
Room Details
  • Additional Rooms: Basement - Partial, Basement - Unfinished
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
  • Solar: None
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Dryer, Washer
  • City Transfer Tax: Yes
  • Exterior: Stucco, Wood Frame
  • Lot Description: Level, Regular
  • Lot Sq Ft Apx: 5733
  • Lot Size Square Feet: 5733.0
  • Roof: Unknown
  • Sq Ft Apx: 3836
  • Yard Description: Deck(s)
  • Year Built: 1924
  • Acres: 0.13
Location Details
  • Directions to Property: Telegraph Ave to 40th
  • FIPS Code: 06001
  • Parcel Number: 12-972-2
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Some Units Have: Dishwasher, Disposal, Updated Baths, Updated Kitchen
  • Units Total: 4
  • Basement: Partial, Unfinished
  • Parking Description: Enclosed Garage
  • Separate Meters: Electric, Gas, Water
  • Existing Lease Terms: None
  • Tenant Pays: Cable TV, Electric, Gas, Water
  • Financial Data Source: Owner
Unit 1 Details
  • Unit #/Address - 1: A
  • Occupied By 1: Tenant
  • Bedrooms 1: 1
  • Bathrooms 1: 1
  • Parking Spaces 1: 1
  • Apx Sq Ft 1: 955
  • Rent 1: 2550
Unit 2 Details
  • Unit #/Address - 2: B
  • Occupied By 2: Tenant
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Parking Spaces 2: 1
  • Apx Sq Ft 2: 955
  • Rent 2: 2600
Unit 3 Details
  • Unit #/Address - 3: C
  • Occupied By 3: Tenant
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Parking Spaces 3: 1
  • Apx Sq Ft 3: 955
  • Rent 3: 2070
Unit 4 Details
  • Unit #/Address - 4: D
  • Occupied By 4: Vacant
  • Bedrooms 4: 1
  • Bathrooms 4: 1
  • Parking Spaces 4: 1
  • Apx Sq Ft 4: 955
  • Rent 4: 2625
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Other
Additional Information
Additional Information
  • Fireplace: No

Property History for 465 40th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 465 40th Street

Taxable ValueLand$409,097Additions$954,560Total$1,363,657
Tax Record2024$22,552 ($1,879 / month)
Home Facts
Total Finished SqFt3,836 SqFtAbove Grade Finished SqFt3,836 SqFtStories2Lot Size5,733 SqFtStyleQuadraplexYear Built1924CountyALAMEDAAPN12-972-2

Schools near 465 40th Street

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Emerson Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

Oakland International High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

465 40th Street is a multi-family home for sale in Oakland, CA 94609. This property was listed for sale on August 5, 2024 by Oak Tree Property Group, it's currently listed at $1,499,500. It has been on the market for a total of 138 days and was last sold on October 20, 2015. This listing's school district is Oakland Unified School District. Nearby schools include Emerson Elementary School, Westlake Middle School and Oakland Technical High School. 465 40th Street is a 4-bed, 4-bath, 3,836 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Oak Tree Property Group, Michael Pagones, DRE #01749383; Oak Tree Property Group, Stephen Pagones, DRE #01760998

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.