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4801 Shattuck 4801 Shattuck Ave 43 Unit Apartment Building For Sale Oakland, CA 94609
Investment Highlights
- Newer Construction at Significantly Below Replacement Cost
- Modern Design with Luxurious Finish Levels
- Walk score of 98: Walk to MacArthur or Rockridge BART
- Temescal - Vibrant, Innovative and Eclectic
- Boutique Community with Attractive Amenity Package
- 680 SF Ground Floor Retail
Executive Summary
Marcus & Millichap & IPA are pleased to present the opportunity to acquire 4801 Shattuck, a 43-unit, 100 percent market rate, luxury multifamily community with a ground floor retail suite. 4801 Shattuck is located in the vibrant and highly desirable Temescal neighborhood of Oakland, offering favorable pedestrian-orientation with walking access to transit, Whole Foods, retail, night life, and nationally touted restaurants. Oakland is attractive to employers and residents seeking ideal accessibility and lifestyle at a relatively affordable price compared to San Francisco and Silicon Valley.
Completed in 2017, 4801 Shattuck offers a modern setting suited for discerning residents in the heart of the trendy Temescal neighborhood. Interiors are designed with spacious open-concept floor plans and feature luxury finishes including quartz countertops, stainless steel appliances with gas range, in-unit laundry, wood-style plank flooring, nine-foot ceilings and floor to ceiling windows. Common area amenities, including secure garage parking, a rooftop lounge, dog run, and bike parking, help the
community standout amongst its competition.
Completed in 2017, 4801 Shattuck offers a modern setting suited for discerning residents in the heart of the trendy Temescal neighborhood. Interiors are designed with spacious open-concept floor plans and feature luxury finishes including quartz countertops, stainless steel appliances with gas range, in-unit laundry, wood-style plank flooring, nine-foot ceilings and floor to ceiling windows. Common area amenities, including secure garage parking, a rooftop lounge, dog run, and bike parking, help the
community standout amongst its competition.
Property Facts
| Sale Type | Investment | Lot Size | 0.34 AC |
| No. Units | 43 | Building Size | 32,007 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 2017 |
| Building Class | A | Parking Ratio | 1.41/1,000 SF |
| Zoning | CN-3 | ||
| Sale Type | Investment |
| No. Units | 43 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.34 AC |
| Building Size | 32,007 SF |
| Average Occupancy | 98% |
| No. Stories | 5 |
| Year Built | 2017 |
| Parking Ratio | 1.41/1,000 SF |
| Zoning | CN-3 |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Vinyl Flooring
Site Amenities
- Controlled Access
- On-Site Retail
- Roof Terrace
- Bicycle Storage
- Elevator
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 14 | $2,150 | 404 - 472 |
| 1+1 | 11 | $2,675 | 619 - 704 |
| 2+1 | 15 | $3,363 | 834 - 977 |
| 2+2 | 3 | $3,500 | 1,078 |
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Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (93)
Property Taxes
| Parcel Number | 013-1162-039-00 | Improvements Assessment | $16,656,646 |
| Land Assessment | $6,135,250 | Total Assessment | $22,860,111 |
Property Taxes
Parcel Number
013-1162-039-00
Land Assessment
$6,135,250
Improvements Assessment
$16,656,646
Total Assessment
$22,860,111
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4801 Shattuck | 4801 Shattuck Ave
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