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  1. Commercial Properties
  2. CA
  3. Oakland

488 41st St

For Sale

488 41st St, Oakland, CA 94609

488 41st St features a renovated and well maintained 4-unit apartment building in the heart of Temescal, Oakland. The property is tucked in a beautiful, residential street while one block away from countless eating and shopping options along Telegraph Ave. The Temescal district has emerged with a distinct identity composed of active streetscapes along Telegraph Avenue and Broadway, popular eateries and bars, new retail stores, strong local employment and excellent transit linkages throughout the San Francisco Bay Area. The MacArthur BART Station, just two blocks away, is a transfer point, affording service throughout the BART system. It is burgeoning with new development, welcoming an ever-improving demographic of higher-income households bringing an appetite for diverse urban lifestyles. Other strong points of interest include Whole Foods Market (6 blocks away), CorePower Yoga, Safeway, Claremont Country Club, trendy restaurants such as Cholita Linda, Marufuku Ramen, Kansai, Temescal Brewing, Ok's Deli, Blue Bottle Coffee and Homeroom to name a few.488 41st St features a well located fourplex in the heart of the Temescal neighborhood in Oakland, CA. The tastefully updated and well maintained property consists of three (3) 1-bedroom/1-bath, (1) 2-bedroom/1-bath and one (1) unpermitted studio ground floor unit by the garage. Per the county assessor, the total building area is 4,041 square feet including two storage lockers in the garage that are also currently rented. The 2-bedroom unit has undergone a full, meticulous renovation by the current ownership including new vinyl flooring, cabinets, quartz countertops and a new bathroom and vanity. The unit also features its own elevated walk out patio and in-unit washer/dryer. The other three (3) 1-bedroom units upstairs are clean and well maintained. A privacy fence encloses a lovely bricked patio area with a full backyard, tastefully landscaped with a new "zeroscape" trendy concept including a bocce ball court, dry rock creek and well maintained garden box. Fantastic opportunity for a first-time or seasoned investor, looking to build a portfolio. In addition, one (1) unit could be delivered vacant for an owner-user as well.

Key features

  • Ample garage storage, future income potential
  • Excellent Walk & Bike Score | Walk Score: 93, Bike Score: 96, Transit Score: 74
  • Great investment opportunity, with further upside through permitting 5th studio unit
  • Great property for owner-user also, with one unit that can be delivered vacant
  • Great unit mix of studio, 1-bedroom and 2-bedroom units
  • Renovated, stabilized asset
  • Sewer lateral compliant
  • Within 5 min walk to MacArthur BART Station, Whole Foods, Burma Superstar and Temescal Brewing

Building Details

  • For Sale $1,795,000
  • Property Type Multi-Family
  • Property Size 4,041 SF
  • Units 5
  • Lot Size 0.08 Acre
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Year Built 1911
  • Date Updated Jan 23, 2025
Want more info on this listing?

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Contacts

broker
Andrew Black

HomeServices of America

Location

  • City Oakland, CA
  • Neighborhood Temescal
  • Zip Code 94609
  • Market Bay Area
  • Map
  • Street
  • Walk score 97/100 Walker's Paradise
  • Transit score 72/100 Excellent Transit
  • Bike score 99/100 Biker's Paradise
Powered by Walk Score ®

Points of Interest

MacArthur

0.23 miles

19th Street BART Street Elevator

1.62 miles

Ashby

1.63 miles

Emeryville

1.73 miles

Oakland City Center - 12th Street

1.89 miles

Lake Merritt

2.27 miles

West Oakland

2.46 miles

Oakland-Jack London Square

2.54 miles

Downtown Berkeley

2.79 miles

North Berkeley

3.24 miles

A & P

0.33 miles

Broadway 76

0.37 miles

Valero

0.42 miles

Arco

0.53 miles

7-Eleven

0.68 miles

Chevron

0.73 miles

Mobil

0.76 miles

Fuel 24:7

0.79 miles

Quick stop

0.84 miles

Electrify America

0.93 miles

MacArthur BART Parking Garage

0.25 miles

Kaiser Permanente Medical Center - Parking Garage

0.40 miles

The Logan Resident and Whole Foods Parking Garage

0.55 miles

Merritt Pavilion Employee Parking Garage

0.58 miles

Children's Hospital & Research Center Oakland - Parking Garage

0.61 miles

Broadway Webster Medical Plaza

0.62 miles

Summit Garage

0.67 miles

Peralta MOB Parking Garage

0.73 miles

Costco

9.06 miles

Gold Coin Car Wash

0.20 miles

76 Car Wash

0.34 miles

Auto Detailing

0.36 miles

Enterprise

0.40 miles

Piedmont & 41st

0.61 miles

Classy & Classic Auto Detail and Sales

0.67 miles

Rent a relic

0.73 miles

Peoples Car Wash

0.87 miles

Ken Betts Suds Machine

0.89 miles

Budget

1.10 miles

Cafe Eritrea d' Afrique

0.07 miles

K Banchan

0.08 miles

Church's Chicken

0.08 miles

Lee's Donuts

0.09 miles

Co Nam

0.09 miles

Daol tofu

0.13 miles

Daytrip

0.14 miles

Smokin Woods BBQ

0.14 miles

Azit

0.14 miles

Hancook

0.14 miles

Whole Foods Market

0.53 miles

Monte Vista Food Center

0.61 miles

Piedmont Grocery

0.64 miles

Sprouts Farmers Market

0.74 miles

Safeway

0.85 miles

Grocery Outlet

0.87 miles

Pak 'N Save

0.93 miles

Nordstrom

0.97 miles

Koreana Plaza

1.16 miles

Trader Joe's

1.22 miles

California Highway Patrol

0.39 miles

3701 Broadway

0.41 miles

Oakland Medical Center

0.47 miles

Walgreens

0.48 miles

Oakland Fire Station #8

0.48 miles

Fabiola Building

0.50 miles

Alta Bates Summit Medical Center - Summit Campus

0.57 miles

Children's Hospital & Research Center Oakland

0.57 miles

CVS Pharmacy

0.59 miles

Wellspring

0.68 miles

Listing Summary

  • Property Financials

    488 41st St is currently listed for sale at $1,795,000 for a price per square foot of $444.2.

  • Property Details

    488 41st St totals 4,041 square feet of Multi-Family space on a lot spanning 0.08 acres. The property was initially built in 1911.

    Tenancy at 488 41st St is listed as Multi-Tenant, comprising a total of 5 units.

  • Area Characteristics

    488 41st St is located in the Temescal neighborhood.

    In terms of ease of commuting, the area has a walk score of 97, indicating that it is perfect for walking.

Contact Andrew Black
broker
Andrew Black

HomeServices of America

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