$ 1,999,950
3132 E 12Th St Oakland, CA 94601
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Michelle Esquivel
michelle@michellehomesellingteam.com
REQUEST A TOUR
In-PersonVirtual Tour
Michelle Esquivel
michelle@michellehomesellingteam.com$ 1,999,950
Est. payment | /mo
9,648 Sqft Lot
$ 1,999,950
Est. payment | /mo
9,648 Sqft Lot
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 41002551
HOA Y/N No
Lot Size 9,648 Sqft
Property Description
Oppotunity zone, Fruitvale Bart Station Multifamily/Mix-use Midrise Use Development Opportunity. Located on the Bart Line, just 1 block away from the station, including its own bus stop. This CN-3 half-block property is a rare opportunity. Once developed this property will become a landmark for the Fruitvale district, with views of the Bay, Oakland Hills, Downtown, and the peninsula from the top floors and rooftop deck at 75'+ high. Conceptual plan available of luxury condos or apartments with prime first floor retail. Survey available. Conceptual pre-planning architectural available for 40 units, but State bills may allow for up to 150 senior SRO units and variance to zoning height restrictions to possibly go up 100' . Parking requirements heavily lowered due to proximity to Bart. Receive monthly rents from the existing month-to-month tenant as you work on your entitlements!
Location
State CA
County Alameda
Interior
Fireplace No
Building
Lot Description Corner Lot
Others
Tax ID 2568831
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Listed by Ben Dianda • Equidy
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA