Description
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%
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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3,830SQFT
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$339$/SQFT
School Ratings & Info
Description
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%
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