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$ 799,000
Est. payment | /mo
3 Beds
2 Baths
2,580 SqFt
$ 799,000
Est. payment | /mo
3 Beds
2 Baths
2,580 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,580 sqft
Price per Sqft $309
Subdivision Grand Lake
MLS Listing ID 41151098
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1925
Lot Size 6,625 Sqft
Property Sub-Type Single Family Residence
Property Description
Exceptional opportunity in Oakland's desirable Lakeshore neighborhood! Built in 1925, this distinctive two-story residence offers 3 bedrooms, 1.5 bathrooms, and approximately 2,580 sq. ft. of living space (per assessor) on a generous 6,624 sq. ft. lot. Conveniently located near Lake Merritt, the Grand Lake district, shopping, dining, and neighborhood amenities, this property presents an exciting opportunity for homeowners, renovation investors, and developers alike. The residence requires significant renovation, offering the chance to restore and reimagine a classic Oakland home. Beyond its residential appeal, the property's RU-3/S-13 zoning presents intriguing development possibilities. Preliminary zoning analysis suggests a theoretical base density of approximately 14 residential units, with potential additional incentives for qualifying affordable housing developments. Alternatively, buyers may explore retaining and renovating the existing residence while adding accessory dwelling units (ADUs), potentially creating a multi-unit residential investment. The property's size, location, and zoning flexibility offer a compelling opportunity to explore multiple investment strategies. All development possibilities are conceptual and subject to zoning regulations, historic preservation considerations, City of Oakland review, permitting, and buyer verification. Offered at $799,000. Probate sale. Property is vacant and available for immediate showing. Bring your vision and explore the possibilities!
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling None
Flooring Wood
Fireplace Yes
Exterior
Pool None
Roof Type Shingle
Total Parking Spaces 3
Private Pool No
Building
Story Two
Entry Level Two
Foundation Pillar/Post/Pier
Architectural Style Craftsman, Custom
Level or Stories Two
New Construction No
Others
Tax ID 1082228
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://473crescentst.com/
Listed by Erik Mitlo Vetted Real Estate #01954101
NEARBY SCHOOL & BUSINESS