Great location for public transportation, with BART on the same block, and several bus lines leading to San Francisco, Berkeley and downtown Oakland. Up and coming Temescal neighborhood across 40th Street, with restaurants galore. Older building upgraded during the twenty years of ownership, including new tile in the cafe and other commercial spaces, tile in the eleven residential apartment kitchens and bathrooms, and hardwood in the hallways and most of the apartments. Entry has original tile on steps and inside foyer. Wooden banisters and over-sized windows complete the retro look. Large rooms and great closet space in every apartment.
Off market
Zestimate®
$2,052,200
505 40th St, Oakland, CA 94609
--beds
0baths
13,080sqft
Lowrise (1-3 Flrs)
Built in 1918
-- sqft lot
$2,052,200 Zestimate®
$157/sqft
$2,511 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- None
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Flooring: Tile, Carpet, Hardwood
Interior area
- Total interior livable area: 13,080 sqft
Property
Features
- Exterior features: Stucco, Wood
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,000 sqft
- Features: Corner Lot
Details
- Parcel number: 129691
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Lowrise (1-3 Flrs)
Materials
- Roof: Other
Condition
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Oakland
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Flooring: Wood, Tile, Hardwood, Partial Carpeting
- Sewer: Public Sewer
- WaterSource: Public
- Roof: Other
- Appliances: Refrigerator, Dryer, Washer, Gas Water Heater, Oven Range Free Standing
- Heating: Electric
- HeatingYN: true
- TenantPays: Cable TV, Electricity
- ConstructionMaterials: Stucco, Wood Siding
- NumberOfUnitsTotal: 14
- LotFeatures: Corner Lot
- OperatingExpenseIncludes: Utilities, Insurance, Trash, Gas, Water, Electric, Maintenance/Repair, Property Tax/Assessments, License/Ads, Janitorial
- LaundryFeatures: Laundry Room
- TotalActualRent: 0
- ProfessionalManagementExpense: 0
- ParkingFeatures: No Parking on Site
- VacancyAllowance: 0
- MlsStatus: Active
- MaintenanceExpense: 15000
- PropertySubType: Lowrise (1-3 Flrs)
- GrossIncome: 315864
- GrossScheduledIncome: 311896
- NetOperatingIncome: 190971
- OperatingExpense: 124893
- InsuranceExpense: 10895
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Estimated market value
$2,052,200