12
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Listed by Jacob Hoggatt • Matthews Real Estate Investment Services Inc.
$1,650,000
Est. payment /mo
16 Beds
16 Baths
5,272 SqFt
New
526 40th ST Oakland, CA 94609
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 5,272 sqft
Price per Sqft $312
Subdivision Temescal
MLS Listing ID 41117339
Bedrooms 16
Full Baths 12
HOA Y/N No
Year Built 1955
Lot Size 7,040 Sqft
Property Sub-Type Detached
Source Bridge AOR
Property Description
522–526 40th Street presents an exceptional opportunity to acquire two well-maintained 4-unit buildings on separate parcels in the desirable Temescal neighborhood of Oakland. Offered together for $1,650,000, the property totals eight units and ±5,272 square feet on ±0.16 acres, with an 75% occupancy rate providing immediate income and room for upside. Several units have been upgraded with renovated kitchens and bathrooms, allowing an investor to continue value enhancements while benefiting from stable existing cash flow. Located directly across from MacArthur BART, the property offers unmatched convenience for commuters and residents seeking access to the Bay Area's major employment centers. Temescal continues to experience strong rental demand due to its proximity to UC Berkeley, Downtown Oakland, and major highways (Hwy 24 and I-580), as well as popular retail and dining destinations like Temescal Alley and Whole Foods. With separate parcels offering flexibility for financing, 522–526 40th Street provides an appealing opportunity to own a well-positioned multifamily asset in one of Oakland's most established and sought-after neighborhoods.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 8.0
Pool None
Private Pool false
Building
Lot Description See Remarks
Story 2
Architectural Style See Remarks
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