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Investment Highlights
- Modern construction offered at pricing well below today’s replacement cost.
- Contemporary design distinguished by its elevated, luxury-quality materials.
- Ideally situated in a pedestrian-friendly corridor with a Walk Score of 98 and direct walkability to MacArthur and Rockridge BART.
- Known for its mix of long-standing local institutions and new-wave concepts, Temescal provides an energetic and innovative environment
- A refined boutique community complemented by a well-rounded amenity package that elevates resident comfort and convenience.
- Ground floor retail space featuring strong visibility, convenient access, and consistent foot traffic.
Executive Summary
Marcus & Millichap and IPA are pleased to present 4801 Shattuck, a best-in-class, 43-unit, fully market-rate luxury multifamily community with an accompanying ground floor retail suite. Ideally positioned in Oakland’s highly coveted Temescal neighborhood, the property benefits from one of the East Bay’s most vibrant, walkable environments with immediate access to transit, Whole Foods, diverse retail, nightlife, and some of the Bay Area’s most acclaimed restaurants. Temescal continues to attract residents and employers seeking exceptional connectivity and lifestyle at price points that remain more attainable than San Francisco and Silicon Valley.
Delivered in 2017, 4801 Shattuck offers a modern living experience tailored to today’s discerning renter. Residences feature spacious open-concept layouts enhanced by premium finishes including quartz countertops, stainless steel appliances with gas ranges, in-unit laundry, wood-style plank flooring, nine-foot ceilings, and expansive floor-to-ceiling windows providing abundant natural light. The property’s amenity set further elevates the resident experience with secure garage parking, a rooftop lounge with sweeping views, an on-site dog run, and ample bicycle parking. Together, these features allow the community to stand out among competing Class A assets in the submarket.
With exceptional design, strong neighborhood fundamentals, and high renter demand driven by walkability and transit access, 4801 Shattuck represents a rare opportunity to acquire a stabilizing luxury asset in one of Oakland’s most dynamic and enduringly popular districts.
Delivered in 2017, 4801 Shattuck offers a modern living experience tailored to today’s discerning renter. Residences feature spacious open-concept layouts enhanced by premium finishes including quartz countertops, stainless steel appliances with gas ranges, in-unit laundry, wood-style plank flooring, nine-foot ceilings, and expansive floor-to-ceiling windows providing abundant natural light. The property’s amenity set further elevates the resident experience with secure garage parking, a rooftop lounge with sweeping views, an on-site dog run, and ample bicycle parking. Together, these features allow the community to stand out among competing Class A assets in the submarket.
With exceptional design, strong neighborhood fundamentals, and high renter demand driven by walkability and transit access, 4801 Shattuck represents a rare opportunity to acquire a stabilizing luxury asset in one of Oakland’s most dynamic and enduringly popular districts.
Property Facts
| Sale Type | Investment | Lot Size | 0.34 AC |
| No. Units | 43 | Building Size | 32,007 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 2017 |
| Building Class | A | Parking Ratio | 1.41/1,000 SF |
| Zoning | CN-3 - Neighborhood Center Commercial Zone - 3: to create, improve, and enhance compact, vibrant, pedestrian-oriented neighborhood commercial centers | ||
| Sale Type | Investment |
| No. Units | 43 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.34 AC |
| Building Size | 32,007 SF |
| Average Occupancy | 98% |
| No. Stories | 5 |
| Year Built | 2017 |
| Parking Ratio | 1.41/1,000 SF |
| Zoning | CN-3 - Neighborhood Center Commercial Zone - 3: to create, improve, and enhance compact, vibrant, pedestrian-oriented neighborhood commercial centers |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Vinyl Flooring
Site Amenities
- Controlled Access
- On-Site Retail
- Roof Terrace
- Bicycle Storage
- Elevator
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 14 | $2,945 CAD | 404 - 472 |
| 1+1 | 11 | $3,664 CAD | 619 - 704 |
| 2+1 | 15 | $4,605 CAD | 834 - 977 |
| 2+2 | 3 | $4,794 CAD | 1,078 |
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Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (93)
Property Taxes
| Parcel Number | 013-1162-039-00 | Improvements Assessment | $22,712,836 CAD |
| Land Assessment | $8,365,966 CAD | Total Assessment | $31,171,819 CAD |
Property Taxes
Parcel Number
013-1162-039-00
Land Assessment
$8,365,966 CAD
Improvements Assessment
$22,712,836 CAD
Total Assessment
$31,171,819 CAD
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4801 Shattuck | 4801 Shattuck Ave
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