This project is approved for 44 market-rate units, of which 8 will be affordable units. The property is located off of West Grand Avenue on San Pablo Avenue, close to downtown Oakland and a few blocks from the city hall. It is close to public transportation. Easy access to downtown's fine restaurants, the Paramount, and the Fox theatre. A great project for an experienced developer. This property is in the opportunity zone and in accordance with the city of Oakland General Plan, it is suggested the closure of 23rd. Street, which is in front of the property. The street closure would provide for around 20 additional feet of frontage which can provide the owner with several beneficial options. Including but not limited to a patio meeting area.
Introducing a prime opportunity for developers: a vacant land strategically positioned just off the 980 freeway, near the vibrant Fox Theatre, uptown, and downtown Oakland. This parcel boasts immense potential, offering a canvas for a variety of development options. Whether envisioning commercial spaces, residential complexes, or mixed-use projects, this property is a dream opportunity waiting to be realized. Take advantage of its coveted location and unlock the possibilities for transformative urban�development.
Corner lot residential development opportunity in Oakland's Hoover-Foster neighborhood. Lot size of 7,304 sq ft (per public records) - centrally located near Uptown, Korea Northgate, and 19th St BART Station. RU-5 zoning. Located in Opportunity Zone. Available for purchase as a package deal with other developable lots at the following MLS #s : 41042151, 41042153, 41042154, 41042155, 41042156, 41042157 Also listed as Commercial Industrial. Contact agent for more details. Seller financing options available. Buyer to independently verify zoning and development possibilities with the City of Oakland. Neither seller nor listing agent has verified the accuracy of any of these sources of information.
The median home value in Oakland, CA is $819,500. This is lower than the county median home value of $1,034,400. The national median home value is $338,100. The average price of homes sold in Oakland, CA is $819,500. Approximately 38.35% of Oakland homes are owned, compared to 54.51% rented, while 7.14% are vacant. Oakland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oakland real estate agent to arrange a tour today!
Oakland, California 94612 has a population of 437,548. Oakland 94612 is less family-centric than the surrounding county with 28.66% of the households containing married families with children. The county average for households married with children is 36.75%.
The median household income in Oakland, California 94612 is $85,628. The median household income for the surrounding county is $112,017 compared to the national median of $69,021. The median age of people living in Oakland 94612 is 36.9 years.
The average high temperature in July is 71.7 degrees, with an average low temperature in January of 43.7 degrees. The average rainfall is approximately 23.6 inches per year, with 0 inches of snow per year.