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. Bring your vision and explore the possibilities!
Details
| MLS # | 41151098 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 11 |
| Listing Provided By | Vetted Real Estate | Erik Mitlo |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,580 |
| Story(s) | 2 |
| Acreage | 0.15 |
Interior
| Cooling | None |
|---|---|
| Heating | See Remarks |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Pillar Post Pier |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94610 |
| Community Name | GRAND LAKE |
| Listing VS Median (in GRAND LAKE) | |
Price: $799,000 low | high Med: $320,000 sqft: 2,580 low | high Med: 676 $ / sqft: $310 low | high Med: $473 On site: 11 low | high Med: 106 | |
Market Activity 94610
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94610 |
| Community Name | GRAND LAKE |
| Listing VS Median (in GRAND LAKE) | |
Price: $799,000 low | high Med: $320,000 sqft: 2,580 low | high Med: 676 $ / sqft: $310 low | high Med: $473 On site: 11 low | high Med: 106 | |
