Multifamily Housing
174 41st Street Oakland, CA 94611
Details & Description
Price: $5,750,000
    The Mitchell Warren Team is pleased to present 174 41st Street, a well-maintained 24-unit apartment community located just steps from Piedmont Avenue in Oakland, CA. The property consists of 24 spacious studio apartments totaling 10,467 square feet. Six units are being delivered vacant, providing flexibility for the buyer and options to renovate to taste. The property offers beautiful 1920s architecture, three secured garage spaces, and an on-site coin-operated laundry facility. The property offers over $100,000 of rental upside, allowing a new owner to maximize their return over time. This highly sought-after location will continue to attract premium tenants and maintain a very low vacancy rate.
    Property Highlights
     Over $100,000 in annual rental upside allowing a new owner to maximize their return over time
     Excellent location steps from Piedmont Avenue, Oaklands premier shopping district
    Listing Agents
    Tim Warren

    O: 510-336-4719
    M: 707-363-2463
    twarren@nainorcal.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    174 41st Street

    Oakland, CA 94611

    Listing ID: 250364
    • 174 41st Street Oakland, CA 94611 | for Sale | Photo 1
    • 174 41st Street Oakland, CA 94611 | for Sale | Photo 2
    • 174 41st Street Oakland, CA 94611 | for Sale | Photo 3
    174 41st Street | for Sale | Thumbnail 1
    174 41st Street | for Sale | Thumbnail 2
    174 41st Street | for Sale | Thumbnail 3
    Building Size: 10,467 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $549.35
    Land $/SF:
    Price
    $5,750,000
    Property Highlights
    Well-maintained pride of ownership asset with beautiful 1920s architecture
    24-unit apartment community, six units delivered vacant for buyer flexibility
    99 Walk Score, rated a Walkers Paradise by walkscore.com
    Excellent location steps from Piedmont Avenue, Oaklands premier shopping district
    Over $100,000 in annual rental upside allowing a new owner to maximize their return over time
    0.7 miles from Macarthur BART Station, offering complete Bay Area access
    Description

    The Mitchell Warren Team is pleased to present 174 41st Street, a well-maintained 24-unit apartment community located just steps from Piedmont Avenue in Oakland, CA. The property consists of 24 spacious studio apartments totaling 10,467 square feet. Six units are being delivered vacant, providing flexibility for the buyer and options to renovate to taste. The property offers beautiful 1920s architecture, three secured garage spaces, and an on-site coin-operated laundry facility. The property offers over $100,000 of rental upside, allowing a new owner to maximize their return over time. This highly sought-after location will continue to attract premium tenants and maintain a very low vacancy rate.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Oakland History of Multifamily Housing for Sale

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    Oakland Area Market Trends

    Listing Demographics for 174 41st Street Oakland, CA 94611

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population41,710299,899545,327
    Population Median Age403939
    Population by Age0-9 Yrs3279 (7%)23953 (7%)51225 (9%)
    10-19 Yrs2522 (6%)29872 (9%)55899 (10%)
    20-29 Yrs7043 (16%)58277 (19%)95934 (17%)
    30-39 Yrs9345 (22%)57154 (19%)95156 (17%)
    40-49 Yrs6478 (15%)39189 (13%)74374 (13%)
    50-59 Yrs4806 (11%)32838 (10%)63039 (11%)
    60-69 Yrs4383 (10%)30576 (10%)58048 (10%)
    70+ Yrs3856 (9%)28041 (9%)51653 (9%)
    Median HH Income$90,515$85,128$86,304
    Total Household Income< 24K3009 (14%)24440 (19%)38814 (17%)
    25-49K2812 (13%)18311 (14%)32606 (14%)
    50-74K2669 (13%)15280 (12%)28231 (12%)
    75-99K2825 (13%)13189 (10%)24172 (10%)
    100-199K5843 (28%)32179 (25%)57764 (26%)
    200K+3330 (16%)23350 (18%)39577 (17%)
    Highest Education LevelNo Diploma20532077042844
    Diploma or GED30252401145295
    Some College42283088658233
    Assoc. Degree19251275222142
    Bachelors Degree1287372717123778
    Higher Degree1000160105105363
    Total Housing Units21,668135,710236,371
    --Owner-Occupied6,29146,19090,783
    --Renter-Occupied14,19980,559130,382
    Owner-Occupied Values< 100K1088261545
    100-199K895671296
    200-299K22714683128
    300-399K24629205798
    400-499K46136176948
    500K+51593679272069
    Total Working Age Population36,692262,401464,722
    In Work Force28,019180,720316,512
    Not In Work Force8,67381,682148,210
    Workforce Employed26,824170,907298,904
    Workforce Unemployed1,1969,62816,469
    Civlian Workforce28,019180,534315,373
    Military Workforce01851,139
    Total Households20,489126,749221,165
    Family Households8,10256,870111,019
    Non-Family Households12,38869,879110,146
    Married Couple6,32941,41780,353
    Other Family1,77215,45330,665
    Married w/Child2,44415,83832,819
    Single Male w/Child1541,5743,362
    Single Female w/Child5124,89210,255

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Alameda County1,443,741+51,510,271+121,696,752+101,861,027
    Contra Costa County948,816+111,049,025+121,171,305+111,296,786
    San Francisco County776,733+4805,235+12903,294+8976,481

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 174 41st Street in Oakland?
    The asking price for 174 41st Street is $5,750,000
    What is the building size of this Multifamily property in Oakland, CA?
    The size of the building/unit at 174 41st Street in Oakland is 10,467 square feet
    What is the population within 1 mile of 174 41st Street in Oakland?
    The population within 1 mile of 174 41st Street Oakland, CA 94611 is 41,710 people.
    Who do I contact for questions about 174 41st Street?
    You should contact the listing agent, Tim Warren, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Metropolitan Oakland International Airport (OAK) 8
    San Francisco International Airport (SFO) 16
    Norman Y. Mineta San Jose International Airport (SJC) 37