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387 40th St
Oakland, CA 94609
40th Street Apartments (Partial Construction) · Multifamily Property For Sale · 38 Units

Investment Highlights

  • 38-unit apartment project near completion
  • Mix of studio, 1- and 2-bedroom units
  • Convenient access to MacArthur BART Station and Downtown Oakland's amenities
  • Located in Oakland's vibrant Temescal District
  • Includes community room, rooftop deck, and retail suite

Property Facts

No. Units 38
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class A
Lot Size 0.33 AC
Construction Status Deferred
Building Size 50,321 SF
Average Occupancy 0%
No. Stories 5
Year Built 2026
Parking Ratio 0.76/1,000 SF
Zoning MU - Mixed Use

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Heating
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Views
  • Wi-Fi
  • Patio
  • Window Coverings

Site Amenities

  • Courtyard
  • Grill
  • On-Site Retail
  • Roof Terrace
  • Bicycle Storage
  • Car Charging Station
  • Elevator
  • Lounge
  • Key Fob Entry

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 9 - 568
1+1 22 - 571 - 793
2+1 5 - 857
2+2 2 - 1,223

Property Taxes

Property Taxes

Parcel Number
012-0978-002-02
Land Assessment
$4,380,568
Improvements Assessment
$9,325,000
Total Assessment
$13,705,568
  • Listing ID: 30971029

  • Date on Market: 2/15/2024

  • Last Updated:

  • Address: 387 40th St, Oakland, CA 94609

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