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38-Unit Mixed-Use Development
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383 40th Street, Oakland, CA 94609

The partially completed project combines residential space with ground-floor commercial area, parking, and a community room with an outdoor deck.

Property Size41,108 SF
Price / SF$145.96
Days on Market5

Property Features for 383 40th Street

General Information

Standard status Active
Size 41,108 SF
Net Rentable 25,594 SF
Total Parking Spaces 38
Elevators Yes
Property subtype Mixed Use

Additional Details

Public Transit Yes
Multifamily Units 38

Amenities

community room
outdoor deck
bicycle storage

Building Details

Buildings 1
Stories 4
Construction wood-frame
Listing Agency: Kidder Mathews San Diego
Listed By: Eric Comer · License #CA 00842230
Source: Crexi
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 2:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews San Diego

Investment Insights

Based on property information with market context.

At 383 40th Street, this four-story wood-frame development above a concrete podium is under construction. Plans call for 38 residential units, approximately 41,108 gross building square feet, 25,594 rentable square feet of residential space, and 1,639 rentable square feet of ground-floor commercial space. The podium level includes 38 parking spaces and bicycle storage; the building also has an elevator, interior corridors, and a fifth-floor community room with an outdoor deck. Rough plumbing, electrical, and mechanical systems are in place, with some insulation and drywall installed. The building is secured, dried-in, and weather-tight, with no visible rain or moisture damage reported.

The property is in Oakland’s Temescal neighborhood, within walking distance of MacArthur BART Station and near the commercial corridors of 40th Street, Telegraph Avenue, and Piedmont Avenue. The surrounding area includes dining and retail offerings and connects to Oakland and other Bay Area communities.

Key Highlights

  • 38 residential units in a four‑story wood‑frame building over a concrete podium
  • Approximately 41,108 gross building square feet, including 25,594 rentable residential square feet and 1,639 rentable commercial square feet
  • Podium level provides 38 parking spaces and bicycle storage

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Computer & Electronic Repair Carpet & Flooring Store Storage Facility Home Appliance Store (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

38
Residential units

Location Intelligence

Trade Area within ½ mile

5,867
Businesses Nearby

Demographics for 94609, CA

23,578
Population
11,915
Households
2
Avg Household Size
36
Median Age
62%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
13,869
Density / Sq Mi
$106,698
Median Household Income
$69,221
Median Earnings
$2,116
Median Rent
$1,147,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The partially completed project combines residential space with ground-floor commercial area, parking, and a community room with an outdoor deck.
Where is this mixed-use property located?
The property is located at 383 40th Street Oakland, CA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 38 residential units in a four‑story wood‑frame building over a concrete podium; Approximately 41,108 gross building square feet, including 25,594 rentable residential square feet and 1,639 rentable commercial square feet; Podium level provides 38 parking spaces and bicycle storage
(858) 369-3084 Call to check price and availability
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