---
listing_id: SD260023217
status: ActiveUnderContract
price: 6000000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 
lot_acres: 
year_built: 
property_type: Residential Income
property_subtype: 
address: "387-391  40th"
city: Oakland
state: CA
zip: 94609
county: "Alameda County"
lat: 37.828083
lng: -122.259268
days_on_market: 14
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Eric Comer"
list_office: "Eric D. Comer, Broker"
list_agent_phone: "(858) 369-3084"
list_agent_license: 00842230
mls_source: SDMLS
modified: 2026-09-23
transaction_type: buy
---

Home | Alameda County | Oakland | 94609 | 387-391 40th

387-391 40th, Oakland, CA 94609

MLS: SD260023217 | Status: | Price: $6,000,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
– – – – –

Remarks

383 40th Street presents a unique opportunity to acquire and complete a substantially constructed 38-unit mixed-use residential development in Oakland’s highly desirable Temescal neighborhood. Upon completion, the four-story wood-frame building over a concrete podium is expected to contain approximately 41,108 gross building square feet, including 25,594 rentable square feet of residential space and 1,639 rentable square feet of ground-floor commercial space. The residential component will feature 38 units, while the podium level provides 38 parking spaces, bicycle storage, and commercial space. The building is elevator-served and includes interior corridors and a fifth-floor community room with an outdoor deck. Based on current observations, the project has substantially progressed through the rough stages of construction, including rough plumbing, electrical, and mechanical systems. Portions of the insulation and drywall have also been installed. The building secured and is currently dried-in and weather-tight, with no visible signs of rain or moisture damage. The property's location provides an attractive combination of transit accessibility, neighborhood amenities, and proximity to major employment and lifestyle destinations throughout the East Bay. The property is within wal

MLS Listing Information

Field Value
MLS # SD260023217
MLS Source San Diego MLS

Features

Contact Information

Eric Comer
Eric D. Comer, Broker
License #: 00842230
Phone: (858) 369-3084

Property Units

# Buildings # Leased Units # Total Units
1 – 39

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Oakland International High School public 9-12 0.39 mi 1
Oakland Technical High School public 9-12 0.39 mi 8
Emerson Elementary School public K-5 0.44 mi 5
Piedmont Avenue Elementary School public K-5 0.58 mi 5
Beach Elementary School public K-5 0.75 mi 8
Street Academy (Alternative) public 9-12 0.80 mi 2
Westlake Middle School public 6-8 0.92 mi 2
Hoover Elementary School public K-5 0.93 mi 4
Young Adult Program public 12 1.07 mi N/A
Home And Hospital Program public K-12 1.07 mi N/A
McClymonds High School public 9-12 1.24 mi 2
Oakland Adult And Career Education public UG 1.26 mi N/A
Claremont Middle School public 6-8 1.31 mi 9
Sankofa United Elementary School public K-5 1.33 mi 2
Anna Yates Elementary School public K-8 1.36 mi 4
Emery Secondary School public 9-12 1.38 mi 3
Wildwood Elementary School public K-5 1.43 mi 9
Piedmont Preschool public UG 1.44 mi N/A
Millennium High Alternative School public 9-12 1.44 mi 7
Piedmont Middle School public 6-8 1.44 mi 8

Nearby Homes

Address Price Beds Baths Sq Ft Status
484 37th St $5,190,000 – – 0
5527 Shattuck Ave $6,010,000 – – 0
449 Merritt Ave $6,200,000 – – 10,926
365 Euclid Ave $6,800,000 – – 26,623 Active

Disclosures

©2026 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of September 23, 2026. For the most current information, please contact Eric Comer, (858) 369-3084.