Located just 7 minutes from Downtown, Oakland’s 709 40th Street is an exciting investment opportunity that will cater to someone seeking to own as well as occupy. A fourplex by design (4, 1BR/1BA) but enhanced with a studio cottage in the rear, this will be an ideal situation for someone who desires one-bedroom living with an additional space out back for an office or workshop. Three of the units will be delivered occupied with stable tenants, and any future vacancies should be short-lived thanks to nearby employers such as Pixar and Kaiser Permanente. Onsite laundry facilities are shared, as are the 3-car parking pad and gated entryway. The convenience and livability of this location can’t be overstated: not only is it .5 blocks from MacArthur BART, but it’s less than 10-minutes from both Emeryville’s Bay Street (Ikea, Safeway, Trader Joe’s, etc.) and Oakland’s popular Piedmont Avenue (Blue Bottle Coffee, Barney’s, Fentons Creamery, etc.).
Sold for $1,150,000 on 08/01/24
$1,150,000
709 40th St, Oakland, CA 94609
4beds
4baths
3,362sqft
Quadruplex
Built in 1924
-- sqft lot
$1,070,200 Zestimate®
$342/sqft
$3,018 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 02, 2024 at 09:07am
Listed by:
Joey Wang DRE #01890931 510-592-4244,
Keller Williams Realty
Bought with:
Pei Chun Chang, DRE #01996509
Redfin
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41059836
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- Has cooling: Yes
Appliances
- Included: Tankless Water Heater
- Laundry: Common Area, Dryer, Gas Dryer Hookup, Washer
Features
- Flooring: Tile, Vinyl
- Basement: None
Interior area
- Total structure area: 3,362
- Total interior livable area: 3,362 sqft
Property
Parking
- Parking features: Parking Lot, Uncovered Parking Space
- Has uncovered spaces: Yes
Features
- Exterior features: Back Yard
- Fencing: Fenced
Lot
- Size: 5,227 sqft
- Features: Level, Paved
Details
- Parcel number: 1296228
- Zoning: RM-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stucco
Condition
- Year built: 1924
Utilities & green energy
- Utilities for property: Individual Electric Meter, Individual Gas Meter
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Security Gate
Location
- Region: Oakland
Other
Other facts
- Listing terms: None
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Estimated market value
$1,070,200