16 days on rocket

709 40th St, Oakland, CA, 94609

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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709 40th St, Oakland$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1924
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #41059836
Lot Size0.11 Acres
StatusActive

About 709 40th St

Located just 7 minutes from Downtown, Oakland’s 709 40th Street is an exciting investment opportunity that will cater to someone seeking to own as well as occupy. A fourplex by design (4, 1BR/1BA) but enhanced with a studio cottage in the rear, this will be an ideal situation for someone who desires one-bedroom living with an additional space out back for an office or workshop. Three of the units will be delivered occupied with stable tenants, and any future vacancies should be short-lived thanks to nearby employers such as Pixar and Kaiser Permanente. Onsite laundry facilities are shared, as are the 3-car parking pad and gated entryway. The convenience and livability of this location can’t be overstated: not only is it .5 blocks from MacArthur BART, but it’s less than 10-minutes from both Emeryville’s Bay Street (Ikea, Safeway, Trader Joe’s, etc.) and Oakland’s popular Piedmont Avenue (Blue Bottle Coffee, Barney’s, Fentons Creamery, etc.).

Property Details

Property Features

Property Information:

  • Year Built: 1924

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (925) 934-2900
  • Listing Agent: Joey Wang

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Flooring Type: Tile, Vinyl, Wood

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • McClymonds High School, Public District Grades 9-12
  • Metwest High School, Public District Grades 9-12
  • Westlake Middle School, Public District Grades 6-8
  • Emerson Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: West St to 40th St. Cross Street: West St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $9,280
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

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Oakland, CA

City

Med. Sold Price

$871K

Med. Price/SqFt

$608

Avg. Days On Market

26

# of Sold Homes

211

709 40th St vs Oakland

16 DAYS ON ROCKET

-10 Days

$1,100,000

+$228.9K More

KEY TAKEAWAY

This property is $228.9K more than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41059836

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (925) 934-2900
  • Listing Agent: Joey Wang

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 3:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 26, 2012Home Sold
$396,000
May 09, 2005Home Sold
$430,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,280$492,606
2020$9,279$487,558
2019$8,500$478,002
2018$8,062$468,632
2017$8,062$459,445

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6025035
6
/10

  • Emerson Elementary School

  • 4803 Lawton Ave

  • 0.76 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6025036
2
/10

  • Westlake Middle School

  • 2629 Harrison St

  • 1.15 miles

  • Public District Grades 6-8

High School

school-card-donut-6025037
3
/10

  • McClymonds High School

  • 2607 Myrtle St

  • 0.91 miles

  • Public District Grades 9-12

school-card-donut-6025038
5
/10

  • Metwest High School

  • 1100 3rd Ave

  • 2.47 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,875. The majority of Oakland, CA residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94609›709 40th St

This home is located at 709 40th St in Oakland, CA and zip code 94609 in the Longfellow neighborhood. This home, which was built in 1924, sits on a 0.11 acre lot. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $1,100,000.

Over 143 listings were sold over their listed price in April 2024 in Oakland, CA. In the same period over 30 listings were sold below the listed price and 22 listings were sold for the listed price. The inventory of homes for sale in Oakland, CA between March 2024 and April 2024 increased by 22.9%. The median list price of listings available in April 2024 was $871,010, while the average time on the real estate market was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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