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$995,000
Est. payment /mo
5,000 Sqft Lot
Price Dropped by $300K
8201 Macarthur Blvd Oakland, CA 94605
UPDATED:
10/24/2024 12:13 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41071186
HOA Y/N No
Lot Size 5,000 Sqft
Acres 0.1148
Property Description
Rare fully entitled, 11-unit, 11,600 square foot, mixed-use development near San Leandro. Seller financing available with excellent terms! The architecture, engineering drawings, and planning phase is completed. The plans include 10 2bd/2bth 1,100 square foot residential units and one 600 square foot commercial retail unit along with approximately 7,000 square feet of common area and support services space. The property will offer 10 street-level parking spaces and a host of tenant-focused amenities. The final map is approved, and the only requirement is for the buyer to pay the permit fees and begin the building process. This is an excellent opportunity to build on a high-profile corner location with immediate access off 82nd Ave to HWY 580 via Golf Links Rd. There is a strong requirement for new housing in the region making this an ideal investment to hold and rent for maximum income or resell for a large profit.
Location
State CA
County Alameda
Interior
Fireplace No
Others
Tax ID 43462012
Listed by David Howarth • The Pinza Group, Inc