432 - 438 40th Street
Enable Audio
432 - 438 40th Street
PRICE IMPROVEMENT
$1,678,000
6beds
4baths
3,771sqft
6,600sf lot
Overview

432 - 438 40th St

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, sunny and bright, each with windows on three sides, tall ceilings, classic built-in cabinets, and beautiful hardwood floors. And have refurbished bathrooms with modern fixtures, tile floors and showers. Each apartment has its own individual address and a private entrance from the columnated entry with terrazzo stairs and landing. and rear a porch leading to the common areas and parking. There is a four car garage in the rear of the property. Parking in tandem outside the garage there is parking potential for eight cars
 

Two Vacant Units

Two of the apartments are vacant and have be sensitively refurbished and feature remodeled kitchens, in-unit laundries with new washer/dryers, efficient tankless water heaters and sub-metered water.

 

Townhouse Potential

The two vacant units are stacked on top of each other (with a common entry level). This would permit an interior door to be added between the two units creating a two-story townhouse or two connected units for an extended family living space. One of the vacant units could serve as an owner’s apartment, a sophisticated urban piet-a-terre. Located in the top floor, it includes: an entry gallery, a laundry room and a cook’s kitchen with an Italian porcelain tile floor, quartz countertops, subway tile, glass-front cabinets and new stainless steel appliances including: GE dishwasher, Samsung refrigerator, and a Chef’s gas range with a five burner cooktop with both a 17,000 BTU quick burner and a slow burner with stainless steel backsplash and rangehood.

Location, Location, Location

The property is ideally located in the wonderful Temescal neighborhood, close to everything. A perfect location central to the San Francisco Bay Area. The MacArthur Bart Station is 3 blocks away and a 15 minute ride to San Francisco. Favorite eateries are down the block: Homeroom and Magpie along with a Subrosa Coffee. Walk down the block and a right turn onto Temescal's Telegraph Avenue with its host of restaurants and cafes a great area with restaurants, cafes and shops.
 

Future Development Potential

City zoning of the property is RU-3 which would allow up to 14 units to be built on the property. A schematic design is available for adding three townhouse condominiums over a five car garage at the rear of the property.

Features
  • Hardwood Floors
  • High Ceilings
  • Open Floor Plan
  • Shopping Nearby
  • Quartz Countertops
  • Oversized Windows
  • 4 Garages
  • High Walk Score
Video

JATIN MEHTA

Multi-Family Specialist
Jatin Mehta - Kite Hill Real Estate
510-878-6800
LIC#02045713
Address

432 - 438 40th Street
Oakland, CA 94609

Loading...