367 41st St, Oakland, California 94609, Oakland, 94609 - 0 bed, 0 bath
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Oakland, California 94609
This Well-Maintained Quadruplex Asset represents a Prime Investment Opportunity, listed at $1,300,000—positioned well below the $1,350,000 Fair Market Value by 3%. This valuation gap delivers $50,000 in Instant Equity for the incoming owner. Boasting a Condition Score of 3, the property features oversized 1-bedroom floor plans, private garages, and on-site laundry in the heart of Temescal. With several units already modernized and others offering clear value-add upside, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand rental location near MacArthur BART.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 367 41st St Subject | $1,300,000* List Price | 0 | 0 | 3,514 | $384 | - |
A 3830 Clarke St Sold | $1,100,000 | 0 | 0 | 2,298 | $479 | 0.3 mi |
B 719 35th St Sold | $925,000 | 0 | 0 | 0 | 0.8 mi | |
C 4045 4045 Manila Ave Active | $1,425,000 List Price | 0 | 0 | 3,550 | $401 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1941 quadruplex is in well-maintained condition with several units featuring modern updates. The renovated interiors showcase updated kitchens with stainless steel appliances, stone countertops, and shaker-style cabinetry, along with modernized bathrooms. While some units remain unrenovated, the overall property is move-in ready, features refinished hardwood flooring, and includes functional amenities like private garages and on-site laundry.
Situated in the highly desirable Temescal neighborhood, the property is within walking distance of MacArthur BART and major retail corridors, ensuring consistent tenant demand and high occupancy.
The building offers a clear path to increased cash flow through the renovation of remaining unrenovated units and the adjustment of stable in-place rents to market rates upon turnover.
The large 1-bedroom floor plans exceed submarket averages and are complemented by rare urban amenities including private garages, off-street parking, and on-site laundry.
Built in 1941, the property may require more intensive long-term maintenance and capital expenditure for aging systems compared to newer construction.
The assigned elementary schools have low ratings (2/10), which may limit the property's appeal to families or long-term tenants prioritizing public education quality.
367 41st St is a 4-unit apartment building in Oakland's Temescal neighborhood, offered as part of a 12-unit portfolio alongside 359 41st St and 4045 Manila Ave. The three properties can be acquired individually or together, delivering meaningful scale while keeping each asset separately manageable and financeable. All four units feature large 1-bedroom, 1-bath floor plans — generously sized for the unit type and well above what's typical in the submarket. In-place rents are stable with room to grow to market as units turn, and with many units already updated, near-term capital expenditure exposure is limited. Remaining unrenovated units represent a clear path to push rents further at turnover, giving the next owner both immediate cash flow and a credible value-add strategy. The property comes with off-street parking, private garages, and on-site coin laundry — amenities that drive tenant retention and differentiate the building from competing rentals in the area. Its location puts tenants within walking distance of Broadway, Telegraph Avenue, Temescal Alley, Piedmont Avenue, and MacArthur BART, keeping vacancy low and demand consistent.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,514 | 2,499 | 80% |
| Lot Size | 4,250 | 4,118 | 53% |
| Price | $1.30M | $750.0K | 87% |
| Price per sq ft | $370 | $286 | 60% |
| Built year | 1941 | 1918 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 169 | 13% |
Mar 22, 2026
$1,300,000
$1,350,000
-4% Price Drop
Initial Listing
Feb 21, 2026
$1,350,000
Initial Listing
Feb 10, 2000
$435,000
Public Record