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Listed by Jatin Mehta • Kite Hill Real Estate
$ 1,300,000
Est. payment | /mo
3,539 SqFt
$ 1,300,000
Est. payment | /mo
3,539 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,539 sqft
Price per Sqft $367
Subdivision Temescal
MLS Listing ID 41124745
HOA Y/N No
Year Built 1941
Lot Size 4,250 Sqft
Property Sub-Type Quadruplex
Source Bridge AOR
Property Description
367 41st St is a 4-unit apartment building in Oakland's Temescal neighborhood, offered as part of a 12-unit portfolio alongside 359 41st St and 4045 Manila Ave. The three properties can be acquired individually or together, delivering meaningful scale while keeping each asset separately manageable and financeable. All four units feature large 1-bedroom, 1-bath floor plans — generously sized for the unit type and well above what's typical in the submarket. In-place rents are stable with room to grow to market as units turn, and with many units already updated, near-term capital expenditure exposure is limited. Remaining unrenovated units represent a clear path to push rents further at turnover, giving the next owner both immediate cash flow and a credible value-add strategy. The property comes with off-street parking, private garages, and on-site coin laundry — amenities that drive tenant retention and differentiate the building from competing rentals in the area. Its location puts tenants within walking distance of Broadway, Telegraph Avenue, Temescal Alley, Piedmont Avenue, and MacArthur BART, keeping vacancy low and demand consistent.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Cooling Other
Flooring Wood
Fireplace No
Building
Lot Description Rectangular Lot, Paved
Others
Special Listing Condition Standard
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Melanie Peterson-Katz
Partner | Lic# 00890767