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101 Unit Residential Development 419 4th St 101 Unit Apartment Building For Sale Oakland, CA 94607
INVESTMENT HIGHLIGHTS
- 101 Residential Unit Mix-Use Entitled Project at Jack London Square
- Opportunity for Upside Investor and/or Developer
- Cold Storage Units in Place
- 24-Hour Access Transit Corridor Located Within One of a Handful of TOD Project Zones
- Located East of The Ellington Luxury Condominiums at Jack London Square. Close to BART, The Ferry, Amtrack. Freeways and Port of Oakland
EXECUTIVE SUMMARY
The subject property consists of 419 4th Street, Oakland CA, a single story industrial property with entitlement approved for 101 residential units and 1,527sf commercial space.
The project will bring an eight-story building offering 101 residential units with an area of approx. 78,700 square feet. The building will yield 1,570 square feet for retail, 1,640 square feet of amenities, and 9,425 square feet for the 41-car garage. Parking will also be included for 52 bicycles. The building will rise to a height of 78 feet and will yield a total built-up area of 78,700 square feet.
Approval from the City of Oakland dated 11/2/2022 reveal a mix of 39 Efficiency Units and 62 one-bedroom units. The warehouse-like design responds to the existing building that was constructed in 1922.
Currently 419 4th Street consists of a single-story, 13,900-square foot industrial property with cold storage and an approximate 18-foot clear height encompassing two 10-foot and two 15-foot grade doors.
The project will bring an eight-story building offering 101 residential units with an area of approx. 78,700 square feet. The building will yield 1,570 square feet for retail, 1,640 square feet of amenities, and 9,425 square feet for the 41-car garage. Parking will also be included for 52 bicycles. The building will rise to a height of 78 feet and will yield a total built-up area of 78,700 square feet.
Approval from the City of Oakland dated 11/2/2022 reveal a mix of 39 Efficiency Units and 62 one-bedroom units. The warehouse-like design responds to the existing building that was constructed in 1922.
Currently 419 4th Street consists of a single-story, 13,900-square foot industrial property with cold storage and an approximate 18-foot clear height encompassing two 10-foot and two 15-foot grade doors.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.32 AC |
| No. Units | 101 | Construction Status | Proposed |
| Property Type | Multifamily | Building Size | 78,700 SF |
| Property Subtype | Apartment | No. Stories | 8 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.52/1,000 SF |
| Building Class | B |
| Sale Type | Investment |
| No. Units | 101 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.32 AC |
| Construction Status | Proposed |
| Building Size | 78,700 SF |
| No. Stories | 8 |
| Parking Ratio | 0.52/1,000 SF |
AMENITIES
SITE AMENITIES
- Bicycle Storage
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Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (85)
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 001-0139-015-00 | Improvements Assessment | $598,667 CAD |
| Land Assessment | $783,773 CAD | Total Assessment | $1,382,440 CAD |
PROPERTY TAXES
Parcel Number
001-0139-015-00
Land Assessment
$783,773 CAD
Improvements Assessment
$598,667 CAD
Total Assessment
$1,382,440 CAD
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101 Unit Residential Development | 419 4th St
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