Multifamily
419 4th St
419 4th St, Oakland, CA 94607
Listing Price: Request For Offer
Investment Overview
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.
Per entitlement set dated 09/26/2022, the approval consists of 39 studios, 50 one bedrooms
and 12 two-bedroom units. Higher density may be possible with the City of
Oakland. Parking for 24 vehicles and 200sf bicycle storage are also provided.
Currently 419 4th Street consists of a single-story, 13,900-square foot industrial property
with four grade level doors. Approximately half (7,500 sf) of the property is currently
leased with a well-known and stable local tenant providing immediate cash flow.
The property has an approximate 18-foot clear height and consists of two 10-foot and two
15-foot grade doors.
419 4th St
Investment Highlights
- 101 Unit Mix-Use Entitled Project at Jack London Square
- 24-Hour Access Transit Corridor Located Within One of a Handful of TOD Project Zones
- Located East of The Ellington Luxury Condominiums and Within Walking Distance from Jack London Square, BART, The Ferry, Highways and City Transportation
- Opportunity for Upside Investor and/or Developer
- Directly across the street is 430 Broadway. Permits filed recently are for the construction of three buildings totaling192 apartments and a central plaza.
- Cold Storage Units in Place
Exclusively Listed By
Broker of Record
-
Tony Solomon
Senior Vice President/District Manager
Investment Highlights
- 101 Unit Mix-Use Entitled Project at Jack London Square
- 24-Hour Access Transit Corridor Located Within One of a Handful of TOD Project Zones
- Located East of The Ellington Luxury Condominiums and Within Walking Distance from Jack London Square, BART, The Ferry, Highways and City Transportation
- Opportunity for Upside Investor and/or Developer
- Directly across the street is 430 Broadway. Permits filed recently are for the construction of three buildings totaling192 apartments and a central plaza.
- Cold Storage Units in Place
Investment Overview
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. Per entitlement set dated 09/26/2022, the approval consists of 39 studios, 50 one bedrooms and 12 two-bedroom units. Higher density may be possible with the City of Oakland. Parking for 24 vehicles and 200sf bicycle storage are also provided. Currently 419 4th Street consists of a single-story, 13,900-square foot industrial property with four grade level doors. Approximately half (7,500 sf) of the property is currently leased with a well-known and stable local tenant providing immediate cash flow. The property has an approximate 18-foot clear height and consists of two 10-foot and two 15-foot grade doors.
Exclusively Listed By
Broker of Record
-
Tony Solomon
Senior Vice President/District Manager
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