4-Unit | Longfellow

Nestled in North Oakland, the Longfellow neighborhood offers a compelling blend of historic character, urban connectivity, and growth potential. Bounded by Temescal Creek to the north, State Route 24 to the east, I-580 to the south, and Adeline Street to the west, Longfellow has evolved from a portion of the broader Temescal district into a distinct, walkable enclave. Many of its homes date from the early 20th century, giving the area architectural depth and charm—qualities that attract tenants seeking authenticity and neighborhood appeal. For multifamily investors, Longfellow presents a rare opportunity: a relatively dense rental market with strong pedestrian and bike appeal, combined with ongoing transit improvements and nearby mixed-use development. Its central location provides excellent access to Downtown Oakland, Emeryville, and San Francisco, while maintaining a local neighborhood feel. Strong mobility fundamentals—high walkability and transit access—help broaden the tenant base, reduce car dependence, and support higher effective rents. Moreover, Longfellow is experiencing positive neighborhood momentum as part of Oakland’s ongoing urban revitalization. The area maintains a rich cultural mix of restaurants, independent businesses, and local institutions, underscoring its grassroots identity and community engagement. With a growing reputation for livability and long-term value appreciation, Longfellow offers investors an attractive balance of location, transit orientation, and repositioning potential within one of Oakland’s most promising submarkets. Walk Score: 89 Transit Score: 74 Bike Score: 99Seller financing is available with only 10% down and 2% interest only creating a rare opportunity for investors to acquire a well-located North Oakland asset with attractive leverage and long-term upside. Located in the highly desirable Longfellow neighborhood, 646 42nd Street consists of (4) large, bright 1-bedroom / 1-bathroom units designed to appeal to today’s renters seeking space, natural light, and urban convenience. One unit is currently vacant, providing immediate flexibility for an owner-occupant or investor to move in, renovate, or lease at market rent from day one. 646 42nd Street presents an exceptional multifamily investment opportunity in one of the East Bay’s most dynamic rental markets. The property is ideally positioned just blocks from MacArthur BART and minutes from Downtown Oakland, Temescal, and Emeryville, with easy access to popular cafés, restaurants, and boutique retail. This prime transit-oriented location consistently attracts professionals, creatives, and commuters seeking a walkable urban lifestyle. The property also offers meaningful value-add potential, with existing rents below market and opportunities for increased income through targeted renovations and operational improvements. Longfellow’s strong Walk Score of 89, Transit Score of 74, and Bike Score of 99 underscore the neighborhood’s enduring appeal and renter demand. Combined with ongoing neighborhood revitalization and close proximity to major employment centers throughout Oakland, Emeryville, Berkeley, and San Francisco, 646 42nd Street is well-positioned for long-term appreciation and stable occupancy. Whether as a 1031 exchange replacement, owner-user opportunity, or strategic portfolio addition, the property represents a rare opportunity to acquire a well-located, income-producing asset in one of Oakland’s most sought-after neighborhoods.