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Kite Hill Real Estate - East Bay Investment Experts

Closed
444 40th Street Oakland, CA 94609
Sold Price $1,400,000
List Price $1,398,000
2,304 sq ft

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Jatin Mehta

Jatin Mehta

Founder

LIC#02045713

Property Description

To access marketing package copy/paste: https://bit.ly/kitehillre. This classic 4-unit apartment building from Oakland’s golden age is rich in period details and updated with plenty of contemporary additions. All four apartments are spacious and bright with tall ceilings, classic built-ins, and beautiful hardwood floors. Ideal for an owner/occupant or buy-and-hold investor, the two vacant first-floor units could potentially be converted into one large owner’s suite (buyer to verify). Tenants enjoy access to a beautiful garden courtyard and two off-street parking spaces. Located in the highly desirable Temescal neighborhood, just a short walk to many dining and shopping options on nearby Telegraph, the property is less than one block from Macarthur BART and just a 20-minute drive to San Francisco’s Financial District. With a 25% upside in gross rental income, this unique property in the heart of Oakland presents an excellent investment opportunity with huge upside potential.

Property Details & Features

Property Type

  • Quadruplex

Year Built

  • 1924

House

  • Construction Materials: “Stucco”, “Frame”
  • Living Area: 2304
  • Year Built: 1924

Cooling

  • Cooling: “No Air Conditioning”
  • Cooling Included

Floors

  • Flooring: “Carpet”, “Wood”

Heating

  • Heating: “Wall Furnace”
  • Heating Included

Location

  • Subdivision Name: Temescal

Lot

  • Lot Features: “Court”
  • Lot Size Area: 4400
  • Lot Size Square Feet: 4400
  • Parcel Number: 0121011009

Parking

  • Parking Features: “Off Street”, “Parking Lot”

Property

  • Property Sub Type: Quadruplex

Roof

  • Roof: “Unknown”

Garage

  • Garage

Listing

  • Sale/rent: For Sale
  • $607 per square foot

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