383 40th Street presents a unique opportunity to acquire and complete a substantially constructed 38-unit mixed-use residential development in Oakland’s highly desirable Temescal neighborhood. Upon completion, the four-story wood-frame building over a concrete podium is expected to contain approximately 41,108 gross building square feet, including 25,594 rentable square feet of residential space and 1,639 rentable square feet of ground-floor commercial space. The residential component will feature 38 units, while the podium level provides 38 parking spaces, bicycle storage, and commercial space. The building is elevator-served and includes interior corridors and a fifth-floor community room with an outdoor deck. Based on current observations, the project has substantially progressed through the rough stages of construction, including rough plumbing, electrical, and mechanical systems. Portions of the insulation and drywall have also been installed. The building secured and is currently dried-in and weather-tight, with no visible signs of rain or moisture damage. The property's location provides an attractive combination of transit accessibility, neighborhood amenities, and proximity to major employment and lifestyle destinations throughout the East Bay. The property is within walking distance of MacArthur BART Station and is located near the vibrant commercial corridors of 40th Street, Telegraph Avenue, and Piedmont Avenue. Temescal is recognized for its walkable neighborhood environment, diverse dining and retail offerings, and strong connectivity to surrounding Oakland.
Listing courtesy of Listing Agent: Eric Comer (eric.comer@kidder.com) from Listing Office: Eric D. Comer, Broker.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
