$1,150,000
$1,100,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3,362 SqFt
SOLD DATE : 08/01/2024
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,362 sqft
Price per Sqft $342
Subdivision Temescal
MLS Listing ID 41059836
Sold Date 08/01/24
Bedrooms 4
HOA Y/N No
Year Built 1924
Lot Size 5,000 Sqft
Acres 0.12
Property Sub-Type Quadruplex
Property Description
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.).
Location
State CA
County Alameda
Zoning RM-4
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Hardwood, Tile, Vinyl
Fireplace No
Appliance Gas Water Heater, Tankless Water Heater
Laundry Common Area, Dryer, Gas Dryer Hookup, Washer
Exterior
Exterior Feature Back Yard
Utilities Available Individual Electric Meter, Individual Gas Meter
Building
Lot Description Level, Paved
New Construction No
Others
Tax ID 1296228
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Bought with Pei ChunChang
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