709 40th Street Oakland, CA 94609
Listing Courtesy of: San Francisco Association Of Realtors / Cbre
$1,225,000
6
BED
4
BATH
3,830
SQFT

  709 40th Street Oakland, CA 94609

Active (122 Days)

Description

Price Reduced! 709 40Th St is a large, pride of ownership, renovated 4-plex with a newly constructed accessory structure centrally located in the Longfellow Neighborhood of Oakland, CA. The 3,362* SF main structure was built in 1924 & the 468 SF* accessory structure was built in 2016. The buildings are situated on a 5,000 SF* lot along 40th St in between MLK Jr. Wy & West St. The Property features a unit mix of 4 large 1-bed, 1-bath units & 1 newly constructed accessory structure that acts as a commercial studio. All 4 residential units have undergone significant upgrades including updated kitchens that feature modern shaker cabinets, stone countertops & dishwashers as well as updated bathrooms with modern vanities and stone countertops. The accessory structure features vaulted ceilings with skylights, polished concrete floors, & a bathroom with unique tile walls and a standing shower. In-place income is solid at $91,20 per year & provides potential to increase NOI by nearly 99%

MLS #:
422649056
Lot Size
5,000 SQFT
Type
Multifamily
Year Built
1924
County
Alameda County
Bathroom Details
  • Full Bathrooms: 4
Kitchen
  • Varies by Unit
  • Tankless Water Heater
  • Microwave
  • Gas Water Heater
  • Gas Cook Top
  • Free Standing Refrigerator
  • Free Standing Gas Range
  • Free Standing Gas Oven
  • Free Standing Freezer
  • Disposal
  • Dishwasher
Lot Information
  • None
  • Shape Regular
  • Curbs/Gutters
  • Curb(s)
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Wall Furnace
  • Gas
Flooring
  • Wood
  • Tile
Exterior Features
  • Roof: Flat
  • Roof: Bitumen
Utility Information
  • Sewer: Public Sewer
Stories
  • 0
Living Area
  • 3,830 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jun 06, 2022
Price Changed
$1,225,000
-6%
-75,000
Apr 14, 2022
Original Price
$1,300,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Intero Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listings on this page identified as belonging to another listing firm are based upon data obtained from SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. Data Last Updated 8/13/22 20:44.