522-526 40th St - Apartments FOR SALE


Oakland, CA 94609- Temescal
$1,650,000 USD
925-430-6197
522-526 40th St, Oakland, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/3
null | 6.79% Cap Rate

522-526 40th St
Oakland, CA 94609
Temescal


HIGHLIGHTS

  • Outer Temescal location in one of Oakland’s most sought-after submarkets.
  • Situated directly across from MacArthur BART station, offering exceptional transit accessibility.
  • Multiple units feature renovated kitchens and bathrooms, enhancing tenant appeal and potential rental income.
  • 2 Vacant Units

OVERVIEW

522–526 40th Street offers an exceptional opportunity to acquire two well-maintained 4-unit buildings on separate parcels in Oakland’s desirable Temescal neighborhood. Priced together at $1,650,000, the property comprises eight units totaling approximately 5,272 square feet on ±0.16 acres. With current occupancy at 75%, the property provides immediate income and significant value-add potential through lease-up and rent growth. The two buildings sit on separate parcels, offering buyers added flexibility in financing strategies. Financial metrics—including Cap Rate and GRM—are calculated using six in-place rents and pro forma rents for the two current vacancies.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$313 USD /SF

# OF UNITS

8

PRICE/UNIT

$206,250

CAP RATE

6.79%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

522-526 40th St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R70, Oakland

APN/PARCEL ID

012-1012-007-00,012-1012-008-00

ASK ABOUT THIS PROPERTY

Jacob HoggattMatthews Real Estate Investment ServicesMore Info
925-430-6197

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Jacob HoggattMatthews Real Estate Investment ServicesMore Info
925-430-6197

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.