INVESTMENT HIGHLIGHTS & EXECUTIVE SUMMARY Prominent Realty & Funding is pleased to present the strategic acquisition opportunity for 3319 Linden St, Oakland, CA 94608 (APN: 005-0471-005-00 & 005-0471-006-00). Positioned on the high-demand border corridor of Emeryville and West Oakland, this 8,751 SF (0.20-acre) dual-parcel development assembly represents one of the most versatile, cost-effective urban infill opportunities in the East Bay. Dual-Parcel Scale & Strategic Zoning: Offered as a unified parcel package boasting dual-zoning overlays—RM-2 (Mixed Housing Type Residential Zone) and RU-5 (Urban Residential Zone - 5). RM-2 allows for a fast 4-unit residential multiplex or townhome project by-right, while the RU-5 portion allows for high-density multi-family development up to 5 stories (50–55 ft height limit). Federal Opportunity Zone Designation: Situated directly within an Opportunity Zone, providing private investors, family offices, and developers with substantial tax-deferral, tax-reduction, and tax-free capital gains advantages on long-term holds (10+ years). Site Readiness: The level, fully fenced lot is cleared and secured with a lockbox, offering immediate, hassle-free access for architectural surveys, site walkthroughs, and soil testing. Unmatched Infill Basis & Transit Connectivity: Offered at a highly competitive land valuation that translates to an exceptional acquisition basis of ~$9,000 to $12,000 per planned door under State Density Bonus / SB 330 massing scenarios (35 to 48 units). Located steps from the San Pablo Avenue commercial artery, minutes to MacArthur BART, and instantly accessible to I-580/I-880/I-980 interstates. HIGHEST AND BEST USE DEVELOPMENT PATHWAYS 100% Affordable / Permanent Supportive Housing / Non-Profit (Primary Recommendation): Under California State Density Bonus Law (SDBL), SB 330, and AB 2011, a non-profit tax credit developer (LIHTC/PSH) can mass 35 to 48 units with ministerial, by-right (CEQA-exempt) approvals. The low land acquisition basis easily passes strict public grant underwriting guidelines (HCD, Measure U). Private Market-Rate / Co-Living / Infill Multi-Family: Private builders can leverage AB 2097 transit proximity rules to reduce parking requirements to 0 spaces, bypassing subterranean garage expenses and constructing up to 5 stories of high-density housing or micro-units to maximize rental yield per square foot.