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2 Tunnel Rd 1.45 Acres of Residential Land Offered at $599,000 in Oakland, CA 94618

Investment Highlights
- View lots in upscale neighborhood
Executive Summary
Rare opportunity to purchase approx. 1.45 acres with approx. 424 feet of frontage located in the “Hiller Highlands” neighborhood of the Oakland / Berkeley Hills. Neighboring homes have sold for $2-$3 million recently. The property features great views from the upper portion of the lot. The subject property has easy access to freeways, Rockridge, San Francisco, and Contra Costa County. Unlike most properties located in the Oakland Berkeley Hills, which are accessed by steep, winding streets and are far from freeways, this property is conveniently located only approx. ¾ miles from freeway access via Tunnel Road. Completed work includes a topo map, survey, proposed six-lot subdivision, private road/driveway plan, and an artist rendering of some house locations. Ideal for building one large home, subdividing into four to six single-family lots, or a spec home builder's project. Most public utilities are conveniently located on or near Tunnel Road.
Property Facts
| Price | $599,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Build to Suit | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.45 AC |
| Price | $599,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.45 AC |
1 Lot Available
Lot
| Price | $599,000 | Lot Size | 1.45 AC |
| Price Per AC | $414,246.20 |
| Price | $599,000 |
| Price Per AC | $414,246.20 |
| Lot Size | 1.45 AC |
Description
Hillside development property with potential 1-6 lot split in Hiller Highlands area of Oakland/Berkeley hills.
Property Taxes
| Parcel Number | 048H-7620-033-01 | Improvements Assessment | $0 |
| Land Assessment | $424,480 | Total Assessment | $424,480 |
Property Taxes
Parcel Number
048H-7620-033-01
Land Assessment
$424,480
Improvements Assessment
$0
Total Assessment
$424,480
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RealtyWorld Dominion
2 Tunnel Rd
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