Portfolio sale Oakland FOR SALE


Oakland, CA - Jingletown
$2,400,000 USD
510-890-8028
, Oakland, CA for Sale
$2,400,000 USD
FOR SALE
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Portfolio sale Oakland
Oakland, CA
Jingletown


HIGHLIGHTS

  • Oakland locations offer access to one of the Bay Area’s established commercial and residential markets.
  • Opportunity to acquire multiple assets through a single transaction structure.

OVERVIEW

Three contiguous Oakland parcels totaling approximately 0.32 acres, currently zoned RM-2/RM-3, with significant redevelopment potential and potentially much greater residential density under Oakland's affordable/senior-housing programs and applicable California housing laws. These continuous properties create a Large Footprint big enough to build an estimated 200 Units of Housing in Oakland's Jingletown. Oakland is currently behind in construction of State-Mandated housing, so there may be additional benefits. The Zoning for all 3 parcels is RM-3/S-13. S-13 allows substantial high-density affordable/senior housing development potential. These Side-by-Side Properties Cover All of 8th Street between Lisbon Ave and Portwood Ave. Although more valuable together, the owner will consider selling them individually. The properties are: 815 Portwood Ave, Oakland - 7,206 SF Warehouse on a 7,408 SF Lot. 2784 E. 8th St, Oakland - 678 SF House on a 2,698 Lot. 812 Lisbon Ave, Oakland - Duplex and Warehouse on a 4,012 SF Lot. Owner Occupied. Please feel free to call if interested.

ASK ABOUT THIS PROPERTY

John KirkishFlat-Rate RealtyMore Info
510-890-8028

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John KirkishFlat-Rate RealtyMore Info
510-890-8028

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.