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3942-3950 Ruby St
Oakland, CA 94609
Multifamily Property For Sale
·
5 Units
EXECUTIVE SUMMARY
Five-Unit Multifamily Investment Opportunity in North Oakland
Discover a rare opportunity to acquire a stabilized 5-unit multifamily property located in the desirable North Oakland/Temescal corridor, one of the East Bay’s most dynamic rental submarkets. The property offers an attractive unit mix and consistent income in a high-demand location near major employment centers, transit, and retail amenities.
Property Highlights
Unit Mix: Five spacious residential units — a blend of one- and two-bedroom layouts
Lot Size: ±5,000 SF (approx.)
Building Size: ±4,200 SF (approx.)
Zoning: RM-2 (Medium-Density Residential)
Parking: Off-street parking available
Condition: Well-maintained with recent capital improvements to select interiors and building systems
Investment Overview
The property delivers strong in-place income with upside through rental rate adjustments and light value-add renovations. Its proximity to Temescal, Piedmont Avenue, and the thriving Telegraph corridor makes it ideal for tenants seeking convenient access to cafés, boutiques, and restaurants. Easy access to Highway 24, I-580, MacArthur BART Station, and downtown Oakland provides exceptional commuter connectivity to San Francisco and Berkeley.
Location Advantages
Situated in a quiet residential pocket between Shattuck Ave and Telegraph Ave, the property benefits from stable tenant demand, nearby tech employers, and long-term appreciation trends in the North Oakland submarket.
Discover a rare opportunity to acquire a stabilized 5-unit multifamily property located in the desirable North Oakland/Temescal corridor, one of the East Bay’s most dynamic rental submarkets. The property offers an attractive unit mix and consistent income in a high-demand location near major employment centers, transit, and retail amenities.
Property Highlights
Unit Mix: Five spacious residential units — a blend of one- and two-bedroom layouts
Lot Size: ±5,000 SF (approx.)
Building Size: ±4,200 SF (approx.)
Zoning: RM-2 (Medium-Density Residential)
Parking: Off-street parking available
Condition: Well-maintained with recent capital improvements to select interiors and building systems
Investment Overview
The property delivers strong in-place income with upside through rental rate adjustments and light value-add renovations. Its proximity to Temescal, Piedmont Avenue, and the thriving Telegraph corridor makes it ideal for tenants seeking convenient access to cafés, boutiques, and restaurants. Easy access to Highway 24, I-580, MacArthur BART Station, and downtown Oakland provides exceptional commuter connectivity to San Francisco and Berkeley.
Location Advantages
Situated in a quiet residential pocket between Shattuck Ave and Telegraph Ave, the property benefits from stable tenant demand, nearby tech employers, and long-term appreciation trends in the North Oakland submarket.
PROPERTY FACTS
| Price Per Unit | $200,000 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 4,546 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Low-Rise | Parking Ratio | 0.27/1,000 SF |
| Building Class | C | ||
| Zoning | R70, Oakland | ||
| Price Per Unit | $200,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,546 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 0.27/1,000 SF |
| Zoning | R70, Oakland |
AMENITIES
UNIT AMENITIES
- Kitchen
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 700 |
| 3+1 | 1 | - | 900 |
PROPERTY TAXES
| Parcel Number | 012-0973-034-00 | Improvements Assessment | $680,654 |
| Land Assessment | $217,230 | Total Assessment | $897,884 |
PROPERTY TAXES
Parcel Number
012-0973-034-00
Land Assessment
$217,230
Improvements Assessment
$680,654
Total Assessment
$897,884
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