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Off market
  • $2,052,200

    505 40th St, Oakland, CA 94609

    --beds
    0baths
    13,080sqft
    Lowrise (1-3 Flrs)
    Built in 1918
    -- sqft lot
    $2,052,200 Zestimate®
    $157/sqft
    $2,511 Estimated rent

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    $2,511/mo

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    $2,511/mo

    Rent Zestimate®

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    $13,080/mo

    Est. payment

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    $13,080/mo

    Est. payment

    What's special

    Great location for public transportation, with BART on the same block, and several bus lines leading to San Francisco, Berkeley and downtown Oakland. Up and coming Temescal neighborhood across 40th Street, with restaurants galore. Older building upgraded during the twenty years of ownership, including new tile in the cafe and other commercial spaces, tile in the eleven residential apartment kitchens and bathrooms, and hardwood in the hallways and most of the apartments. Entry has original tile on steps and inside foyer. Wooden banisters and over-sized windows complete the retro look. Large rooms and great closet space in every apartment.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Electric
    Cooling
    • None
    Appliances
    • Included: Dryer, Range / Oven, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Flooring: Tile, Carpet, Hardwood
    Interior area
    • Total interior livable area: 13,080 sqft

    Property

    Features
    • Exterior features: Stucco, Wood
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 5,000 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 129691

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Lowrise (1-3 Flrs)
    Materials
    • Roof: Other
    Condition
    • Year built: 1918

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Oakland

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Flooring: Wood, Tile, Hardwood, Partial Carpeting
    • Sewer: Public Sewer
    • WaterSource: Public
    • Roof: Other
    • Appliances: Refrigerator, Dryer, Washer, Gas Water Heater, Oven Range Free Standing
    • Heating: Electric
    • HeatingYN: true
    • TenantPays: Cable TV, Electricity
    • ConstructionMaterials: Stucco, Wood Siding
    • NumberOfUnitsTotal: 14
    • LotFeatures: Corner Lot
    • OperatingExpenseIncludes: Utilities, Insurance, Trash, Gas, Water, Electric, Maintenance/Repair, Property Tax/Assessments, License/Ads, Janitorial
    • LaundryFeatures: Laundry Room
    • TotalActualRent: 0
    • ProfessionalManagementExpense: 0
    • ParkingFeatures: No Parking on Site
    • VacancyAllowance: 0
    • MlsStatus: Active
    • MaintenanceExpense: 15000
    • PropertySubType: Lowrise (1-3 Flrs)
    • GrossIncome: 315864
    • GrossScheduledIncome: 311896
    • NetOperatingIncome: 190971
    • OperatingExpense: 124893
    • InsuranceExpense: 10895
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    Estimated market value
    $2,052,200