Active

646 42nd St

Oakland, CA 94609

$1,200,000 $5,059/Mo

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Overview

Bed

Bath

2,878

Sqft(Lot)

Description

Seller financing is available with only 10% down and 2% interest only creating a rare opportunity for investors to acquire a well-located North Oakland asset with attractive leverage and long-term upside. Located in the highly desirable Longfellow neighborhood, 646 42nd Street consists of (4) large, bright 1-bedroom / 1-bathroom units designed to appeal to today’s renters seeking space, natural light, and urban convenience. 646 42nd Street presents an exceptional multifamily investment opportunity in one of the East Bay’s most dynamic rental markets. The property is ideally positioned just blocks from MacArthur BART and minutes from Downtown Oakland, Temescal, and Emeryville, with easy access to popular cafés, restaurants, and boutique retail. This prime transit-oriented location consiste ntly attracts professionals, creatives, and commuters seeking a walkable urban lifestyle. The property also offers meaningful value-add potential, with existing rents below market and opportunities for increased income through targeted renovations and operational improvements. Longfellow’s strong Walk Score of 89, Transit Score of 74, and Bike Score of 99 underscore the neighborhood’s enduring appeal and renter demand. Combined with ongoing neighborhood revitalization and close proximity to major employment centers throughout Oakland, Emeryville, Berkeley, and San Francisco, 646 42nd Street is well-positioned for long-term appreciation and stable occupancy. Whether as a 1031 exchange replacement, owner-user opportunity, or strategic portfolio addition, the property represents a rare opportunity to acquire a well-located, income-producing asset in one of Oakland’s most sought-after neighborhoods.

Property Details

Property Type : Residential Income

Price : $1,200,000

AD Id : 78465774

MLS Id : 41134632

Beds : 4

Lot Size : 2,878 Sqft

Year Built : 1922

County : Alameda

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 0
Interior Features

Flooring: Wood
Cooling Features

See Remarks Air Conditioning

Heating Source

Natural Gas Has Heating

Building Information

Year Built: 1922 Construction: Stucco

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0661
Lot Size Source: Public Records Lot Size Square Feet: 2878

Listing Price Information

Original List Price: 1,200,000 Listing Contract Date: 2026-05-13

Tax Information

Parcel Number: 13109156

Garage and Parking

Garage Description: Garage

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Gas

Other Property Info

Source Listing Status: Active Source Neighborhood: Directions: Cross Street: MLK Jr Way. Source Property Type: Residential Income Property SubType: Quadruplex
Building and Construction

Property Age: 104 Structure Type: Quadruplex Year Built Source: Vendor Enhanced

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
5659 Telegraph Ave, Oakland, CA, 94609	$1,100,000	6	4	--
Whitney Street, Oakland, CA, 94609	$1,650,000	--	--	--
5812 Dover St, Oakland, CA, 94609	$849,000	3	2	--
Residential Income, Oakland, CA, 94609	$1,299,999	4	--	1,400	1,400 SqFt
662 45th St, Oakland, CA, 94609	$1,199,000	--	--	--
3867 Martin Luther King.., Oakland, CA, 94609	$1,025,000	6	2	2,823	2,823 SqFt
3837 Martin Luther King.., Oakland, CA, 94609	$1,200,000	5	4	4,209	4,209 SqFt
3869 Martin Luther King.., Oakland, CA, 94609	$1,025,000	7	2	2,697	2,697 SqFt

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ByOwner last updated this listing 06/06/2026 @ 07:08

MLS: 41134632 LISTED BY: Jatin Mehta, Kite Hill Real Estate 855-450-0442 SOURCE: CRMLS