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$1,999,950

Est. payment - /mo

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9,648 Sqft Lot

Pending

3132 E 12Th St Oakland, CA 94601

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The Brandon Drew Group

financing@tbdgmortgage.com +1(909) 944-8800

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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

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