Sequoia Commercial Group is pleased to present the exclusive opportunity to acquire 1414 Martin Luther King Jr. Way & 623 15th Street, a fully entitled, shovel-ready 49-unit development site in the heart of Downtown Oakland. The two adjacent parcels (±7,913 SF) carry City of Oakland approvals for two modern multifamily buildings: a six-story, 39-unit building and a three-story, 10-unit building, together delivering 49 efficiently designed, furnished studio residences. Construction drawings are complete, the principal building is approved for modular construction, and the building-permit application is active, collapsing the entitlement timeline and risk that defines most ground-up opportunities. The next owner steps into an approved, build-ready project rather than a multi-year entitlement process. Situated within a federally designated Opportunity Zone and a short walk from the 12th Street BART station, the Property offers a rare, reset-basis entry into one of the Bay Area’s most transit-rich, walkable urban cores. The Property is offered unpriced; the Seller invites offers