38-Unit Mixed-Use
For Sale
$6,000,000
Pending
387-391 40th, Oakland, CA 94609
Four-story construction combines residential space, ground-floor retail area, and podium-level parking.
Property Size41,108 SF
Days on Market40
Property Features for 387-391 40th
General Information
Standard status
Pending
Size
41,108 SF
Net Rentable
25,594 SF
Total Parking Spaces
38
Elevators
Yes
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Multifamily Units
38
Amenities
community room
outdoor deck
bicycle storage
Building Details
Buildings
1
Stories
5
Construction
wood-frame
Listing Agency:
Eric D. Comer, Broker
Listed By:
Eric D Comer eric.comer@kidder.com
(951) 226-5454
Source:
Findhomesinsandiegoarea
Added: Sep 6
Changed: Oct 11
Last Checked: Oct 14 at 11:09PM
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 Eric D. Comer, Broker
Investment Insights
Based on property information with market context.
This four-story, wood-frame project is built over a concrete podium and is being offered for completion. At buildout, it is planned to provide 41,108 gross square feet, with 25,594 rentable square feet of residential space and 1,639 rentable square feet of commercial area on the ground floor. Plans include 38 residences, 38 parking spaces, bicycle storage, elevator service, interior corridors, and a fifth-floor community room with an outdoor deck. Rough plumbing, electrical, and mechanical work are substantially advanced; insulation and drywall are installed in portions of the building. The structure is dried in and weather-tight, with no visible rain or moisture damage noted.
The property is in Oakland’s Temescal neighborhood, within walking distance of MacArthur BART Station and near the 40th Street, Telegraph Avenue, and Piedmont Avenue commercial corridors.
The property is in Oakland’s Temescal neighborhood, within walking distance of MacArthur BART Station and near the 40th Street, Telegraph Avenue, and Piedmont Avenue commercial corridors.
Key Highlights
- Planned 38 residential units
- 41,108 gross building square feet, including 25,594 rentable residential square feet
- Ground‑floor commercial component totals 1,639 rentable square feet
Property Analytics
Current Use
Lease Details
38
Residential units
Location Intelligence
Trade Area within ½ mile
5,921
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four-story construction combines residential space, ground-floor retail area, and podium-level parking.
Where is this mixed-use property located?
The property is located at 387-391 40th 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: Planned 38 residential units; 41,108 gross building square feet, including 25,594 rentable residential square feet; Ground‑floor commercial component totals 1,639 rentable square feet
