Duplex | Mosswood

Investment Overview

Located in Oakland’s highly desirable Mosswood neighborhood on the border of Temescal, 408 38th Street is a charming Craftsman-style duplex offering an exceptional opportunity for both owner-occupants and investors. The property features a vacant and updated 2-bedroom, 1-bath lower unit ideal for an owner-occupy buyer seeking immediate move-in potential in one of Oakland’s most sought-after neighborhoods. The upper unit is occupied at $1,800/month, providing stable in-place income and an attractive setup for buyers looking to offset ownership costs. Additional property features include a detached garage delivered vacant, off-street parking, in-unit laundry, and an expansive outdoor space rarely found in comparable duplex properties. The recently painted exterior further enhances the curb appeal and overall presentation of this well-maintained asset. Positioned just moments from Temescal’s vibrant dining, shopping, cafes, and commuter amenities, 408 38th Street presents a rare combination of character, functionality, and long-term upside. Whether for an owner-user seeking supplemental rental income or an investor targeting a highly desirable Oakland location, the property offers strong lifestyle appeal and excellent future potential

Investment Highlights

• Stable In-Place Rental Income – Upper unit currently occupied at $1,800/month, providing immediate cash flow and helping offset owner occupancy costs
• Detached Garage Delivered Vacant – Rare additional garage space offering flexibility for parking, storage, workshop use, or potential future value-add opportunities
• Expansive Outdoor Space – Oversized outdoor area rarely found in duplex properties, offering excellent usability for entertaining, gardening, pets, or future enhancements
• Off-Street Parking – Valuable on-site parking amenity providing convenience for both residents and guests
• In-Unit Laundry – Added convenience and functionality with laundry included within the property
• Classic Craftsman Architecture – Charming Craftsman-style duplex featuring timeless character and attractive curb appeal
• Recently Painted Exterior – Well-maintained property with recent exterior improvements enhancing overall presentation and pride of ownership
• Prime Mosswood / Temescal Border Location – Exceptional Oakland location near Temescal’s popular restaurants, cafes, retail corridors, and neighborhood amenities
• Excellent Accessibility – Convenient access to MacArthur BART, major commuter routes, and surrounding employment hubs throughout the Bay Area
• Ideal Owner-User or Investment Opportunity – Flexible setup suitable for both investors seeking stable rental income and buyers looking to occupy one unit while generating supplemental income from the other unit
• Strong Long-Term Market Fundamentals – Located within a highly desirable Oakland submarket known for strong rental demand, neighborhood appreciation, and enduring tenant appeal