359 41st St, Oakland, CA 94609

Description

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.

Listing description from the May 2026 sale, as reported to CRMLS.

Sale history

$1,200,000

Sold May 2026 · listed $1,300,000, orig. $1,350,000, on market February 2026, 88 days on market · MLS #41124747 · Source: CRMLS

Listing Agent: Jatin Mehta · Listing Office: Kite Hill Real Estate · Contact: 855-450-0442 · Bought with: Jatin Mehta · Kite Hill Real Estate

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