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Listed by Kite Hill Real Estate
$ 1,200,000
Est. payment | /mo
3,286 SqFt
$ 1,200,000
Est. payment | /mo
3,286 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,286 sqft
Price per Sqft $365
Subdivision Longfellow
MLS Listing ID 41134632
HOA Y/N No
Year Built 1922
Lot Size 2,878 Sqft
Property Sub-Type Quadruplex
Source Bridge AOR
Property Description
Seller 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. 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.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Cooling Other
Flooring Wood
Fireplace No
Building
Lot Description Rectangular Lot, Paved
Water Public
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