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Listed by Marcin Grobelny, DRE #01502656 • Prominent Realty & Funding
$ 399,000
Est. payment | /mo
10,014 Sqft Lot
$ 399,000
Est. payment | /mo
10,014 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CC41143007
Lot Size 10,014 Sqft
Property Sub-Type Other Residential Land
Source Contra Costa Association of Realtors
Property Description
PRIME DUAL-PARCEL DEVELOPMENT OPPORTUNITY IN OAKLAND! Exceptional flexibility and investment potential on a high-visibility MacArthur Blvd transit corridor. Two level, contiguous lots (~10,014 SF total; APNs 046-5490-003-00 & 046-5490-004-00), this site features two distinct, city-reviewed project paths for non-profit and private market-rate developers. OPTION 1: DENSE AFFORDABLE / SUPPORTIVE HOUSING (49 UNITS) Leverage approved 2023 design review plans under CA AB 2162 ministerial, by-right streamlining. Plans specify a 6-story, 37,361 GSF podium building featuring 49 total units (48 studios + 1 manager unit), 7,450 SF of ground-floor supportive/common service space, and 23 garage parking spaces. OPTION 2: PRIVATE / MARKET-RATE INFILL (8 UNITS + COMMERCIAL) For traditional builders seeking simpler construction, the site previously received Development Permit approval (PLN19039) for a 3-story mixed-use project featuring 8 residential townhomes (19,125 SF total) and 1,200 SF of ground-floor retail.
Location
State CA
County Alameda
Area Oakland Zip Code 94603
Zoning CN-3
Exterior
Utilities Available Electricity - On Site, Gas - On Site
Building
Lot Description Surveyed , Building Pad - No, Corners Marked - No, Grade - Level, Grade - Mostly Level
Water Water On Site
Others
Tax ID 46-5490-3
Special Listing Condition REO / Bank Owned Property
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