Kite Hill Real Estate - East Bay Investment Experts

Sold
434 40th Street Oakland, CA 94609
Sold Price $1,728,000
List Price $1,678,000
beds
0 baths
3,771 sq ft

Courtesy of Jatin Mehta, Kite Hill Real Estate.

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Jatin Mehta

Jatin Mehta

Broker

LIC#02045713

Property Description

[To view rent roll & offering memorandum: http://bit.ly/kitehillre] A classic 1920’s four-unit apartment building from Oakland’s golden age, rich in period details with modern additions, located in one of Oakland’s most desirable neighborhoods. All four units are spacious and bright, with tall ceilings, built-ins, and hardwood floors. Unit 432 & 434 feature remodeled kitchens, in-unit laundries, tankless water heaters and sub-metered water. There is a 4 car garage in the rear of the property. With outside parking there is parking potential for a total of 8 cars. Unit 434 could serve as an owner’s apartment, a sophisticated urban piet-a-terre. It includes: an entry gallery, a laundry room and a new Cook’s kitchen. Unit 432 & 434 would allow an interior door to be added between them to create a large two-story townhouse or two connected units. The property is ideally located in the wonderful Temescal neighborhood, close to everything.

Property Details & Features

Property Type

  • Fourplex

Year Built

  • 1924

Basement

  • None

House

  • Building type: FOURPLEX
  • $4 total units
  • Built in 1924
  • $3,771 building square feet
  • Deck

Cooling

  • No Air Conditioning

Exterior Features

  • Concrete
  • Wood Frame

Floors

  • Hardwood Floors
  • Linoleum
  • Partial Carpeting
  • Tile

Water

  • Sewer System – Public

Heating

  • Wall Furnace

Laundry

  • In Closet

Listing

  • Listed on 2020-10-09
  • Sale/rent: For Sale
  • Status: Sold
  • $445 per square foot
  • Total deposits: 0
  • Month to Month
  • Security Deposit
  • Written Agreement

Location

  • Area: Oakland Zip Code 94609
  • District/neighborhood/subdivision: TEMESCAL
  • Cross street: Webster Street
  • Directions to property: google maps
  • County: Alameda

Lot

  • Approximately 0 acres
  • Lot is approximately $6,600 square feet
  • None
  • Patio Enclosed

Miscellaneous

  • Annual vacancy expense: $0
  • Annual maintenance expense: $0
  • Annual rental income: $0
  • Annual misc. income: $0
  • Annual gross fee income: $0
  • Gross operating income: $0
  • Annual gross sched. Income: $0
  • Net operating income:
  • Annual insurance expense: $0
  • Annual management expense: $0
  • Annual utility expense: $0
  • Other annual expense: $0
  • Total operating expense: $0
  • Balcony/Patio
  • Cable TV
  • Wired For
  • Storage Area(s)
  • Electric
  • Garbage Collection
  • Gas
  • Insurance
  • Maintenance/Repair
  • Property Tax/Assessments
  • Trash Removal
  • Utilities
  • Water

Parking

  • $8 total parking spaces
  • Detached Garage
  • Off Street Parking
  • Space Per Unit – 2
  • On Street

Property

  • Zoning: RU-3
  • Additional property description: BART is 3 blocks away. Favorite eateries/shops are down the block and around the corner on Telegraph Avenue. City zoning would allow up to 14 units.

Roof

  • Composition Shingles

Taxes

  • Annual taxes: $0

Utilities

  • Electric
  • Gas
  • Water

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