4-Units | Temescal

Temescal stands out as one of Oakland’s most dynamic and investment-attractive neighborhoods, blending historic character with modern urban vibrancy. Centered around the bustling Telegraph Avenue corridor, Temescal offers an eclectic mix of cafes, acclaimed restaurants, artisan shops, and cultural destinations that draw both residents and visitors alike. Its evolution from a traditional residential enclave to a trend-forward community has fueled sustained rental demand, particularly among young professionals and creatives seeking walkable, amenity-rich environments close to employment hubs throughout the Bay Area. Strategically located in North Oakland, Temescal delivers exceptional accessibility with strong connections to public transit, including nearby MacArthur and Rockridge BART stations, as well as major freeway corridors that support commutes to San Francisco, Berkeley, and throughout the East Bay. This connectivity, paired with a high level of neighborhood walkability and bikeability, positions Temescal as a durable rental market with resiliency in both occupancy and rent growth. Local lifestyle assets, from weekly farmers markets to expanding nightlife and retail options, continue to reinforce its appeal as a premier urban neighborhood with long-term investment potential. From an investor perspective, Temescal benefits from diverse housing stock and strong market fundamentals, making it well suited for multifamily ownership and long-term value creation. Its proximity to amenities, employment nodes, and transportation reinforces demand from both renters and future buyers, enhancing liquidity and exit opportunities. As Oakland continues to attract new residents and businesses, Temescal remains a core submarket where well-positioned assets can achieve enduring performance. Walk Score: 95 Transit Score: 68 Bike Score: 94359 41st Street represents a rare opportunity to acquire a stabilized, income-producing multifamily asset in Temescal — one of Oakland's most established and in-demand rental corridors. The property's four generously sized one-bedroom, one-bath units speak directly to the renter profile this neighborhood draws in abundance: young professionals, commuters, and long-term Oakland residents who value walkability, community, and convenience. With over $9,300 in gross monthly income already in place, an investor can step in with confidence knowing the asset is performing from day one — while still leaving room to push rents toward market over time as units turn. Beyond the income, the fundamentals are equally compelling. Gated off-street parking in the rear adds a tangible amenity advantage over the majority of competing rentals in the area — a detail that both attracts quality tenants and supports retention. Temescal's walkable, transit-oriented character, combined with direct access to BART and proximity to the employment centers of Oakland, Berkeley, and San Francisco, ensures a deep and consistent tenant demand pool that has historically kept vacancy low and rents on an upward trajectory. This is also far more than a single-asset play. 359 41st Street is available individually or as part of a compelling three-property portfolio alongside 367 41st St and 4045 Manila Ave — all owned by the same seller, all located within close proximity. For an investor looking to establish or meaningfully expand a presence in one of the East Bay's most resilient submarkets, the portfolio offering represents the kind of concentrated, high-quality scale that rarely comes to market.