930 Pine, Oakland, CA 94607

$868,000

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List Price
$868,000
Status
ACTIVE
MLS#
41148883
Lot Size
4,791
Acres
0.11
Days on Market
1
Property Type
Commercial

Property Description

DEVELOPERS & INVESTORS — RARE WEST OAKLAND INFILL DEVELOPMENT OPPORTUNITY! Approximately 4,791 SF lot with an existing approximately 1,800 SF freestanding building, offering a unique opportunity to acquire and reposition an infill property in West Oakland. Zoned HBX-2 with S-13 Affordable Housing Combining Zone, the site offers significant potential for residential, mixed-use, and affordable housing development, subject to City of Oakland requirements and approvals. The S-13 designation provides qualifying affordable housing projects with a streamlined Ministerial Design Review process and may provide additional flexibility related to development standards, height and residential density. The existing structure features approximately 14-foot ceilings, a roll-up door and an open industrial-style configuration, providing immediate utility for storage, warehouse or other permitted uses while development plans are evaluated. The real opportunity is the site itself — a 4,791 SF infill parcel with an existing structure and zoning that warrants serious consideration by developers, builders and investors. Convenient West Oakland location with access to Downtown Oakland, major transportation corridors and the Port of Oakland. Property offered AS-IS and requires work. Bring your architect, builder and development team. Buyer to independently verify zoning, permitted uses, development standards, height, density, setbacks, lot coverage, development capacity, and all potential residential, affordable housing, and mixed-use opportunities with the City of Oakland

Additional Information

Cooling
Yes
Exterior Construction
Stucco
Roof
Tar/Gravel
Attached Structure
Detached

Listing courtesy of Listing Agent: Victor Shakir (vhshakirrealty@yahoo.com) from Listing Office: V.H. Shakir Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.