522-526 40th St, Oakland, CA 94609

  • $1,650,000

Details

  • Property Type Apartments
  • Price $1,650,000
  • Units 8
  • Year Built 1955
  • Building SF 5,272
  • Per Unit $206,250
  • Per SF $313
  • Cap Rate 6.8%
  • Land SF 6,970
  • Listing Broker Matthews Real Estate Investment Services, Jacob Hoggatt, DRE #2246975

Agent Notes

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.

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.

Walk Score

Loan Calculator

Inquire About This Property

Similar Properties

© 2025 Domain CRE. All rights reserved. Marketplace information comes from multiple sources believed reliable but not guaranteed, including MLSListings, public records, and other authorized providers. For personal, non-commercial use only. Unauthorized use, copying, or reproduction is prohibited. Listings are provided “as is” without warranty. Domain CRE complies with all applicable fair housing laws. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy.

Compare listings

Compare
}, 99 ); // Inject JS to offset front-end content by wpadminbar height for logged-in users add_action( 'wp_head', function() { if ( ! is_user_logged_in() || ! is_admin_bar_showing() ) { return; } ?>