359 41st St, Oakland, California 94609, Oakland, 94609 - bed, bath

359 41st St
Oakland, California 94609
Property Price
SUMMARY
Analysis of 359 41st St, Oakland, California 94609 is currently available with a list price of $1,350,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1941, the property has undergone extensive recent renovations that meet modern quality standards. The kitchens are fully updated with shaker-style cabinetry, stone countertops, subway tile backsplashes, and stainless steel appliances. Bathrooms feature contemporary vanities and updated fixtures. The units include recessed lighting, fresh paint, and high-quality flooring throughout, indicating no deferred maintenance and a move-in-ready condition for high-end tenants.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
Situated in the highly desirable Temescal neighborhood, the property benefits from a high-demand rental corridor with excellent walkability and proximity to BART and major employment hubs.
- Immediate Cash Flow
As a stabilized asset generating over $9,300 in gross monthly income, this quadruplex offers investors reliable day-one returns with the potential to capture market rent upside over time.
- Gated Off-Street Parking
The inclusion of gated parking in the rear provides a significant competitive advantage in a dense urban area, directly supporting higher tenant retention and premium rental rates.
CONSRISKS & DEFICIENCIES
- Vintage Building Maintenance
Constructed in 1941, the property may require ongoing capital expenditures for aging infrastructure and systems typical of older Oakland multifamily buildings.
- Underperforming Local Schools
The majority of assigned elementary and middle schools have low ratings (2/10), which may limit the property's appeal to a broader demographic despite its strong draw for young professionals.
About 359 41st St
To access the marketing package copy/paste: https://bit.ly/kitehillre. 359 41st Street represents a rare opportunity to acquire a stabilized, income-producing multifamily asset in Temescal — one of Oakland's most established and in-demand rental corridors. The property's four generously sized one-bedroom, one-bath units speak directly to the renter profile this neighborhood draws in abundance: young professionals, commuters, and long-term Oakland residents who value walkability, community, and convenience. With over $9,300 in gross monthly income already in place, an investor can step in with confidence knowing the asset is performing from day one — while still leaving room to push rents toward market over time as units turn. Beyond the income, the fundamentals are equally compelling. Gated off-street parking in the rear adds a tangible amenity advantage over the majority of competing rentals in the area — a detail that both attracts quality tenants and supports retention. Temescal's walkable, transit-oriented character, combined with direct access to BART and proximity to the employment centers of Oakland, Berkeley, and San Francisco, ensures a deep and consistent tenant demand pool that has historically kept vacancy low and rents on an upward trajectory.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1941
- Lot Size
- 4,250 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Emerson Elementary School
Grades K-5 • 0.4 mi
Piedmont Avenue Elementary School
Grades K-5 • 0.5 mi
Westlake Middle School
Grades 6-8 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,539 | - | 87% |
| Lot Size | 4,250 | 4,368 | 47% |
| Price | $1.35M | $750.0K | 80% |
| Price per sq ft | $381 | $0 | 80% |
| Built year | 1941 | 1918 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 149 | 7% |
Pricing History
Listed for Sale
Feb 21, 2026
$1,350,000
Initial Listing
Sold
Feb 10, 2000
$399,000
Public Record














































