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5346 College Ave
Oakland, CA 94618
Land For Sale · 0.06 AC

INVESTMENT HIGHLIGHTS

  • Rarely property on College Ave Blocks on Rockridge BART

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 0.06 AC
Zoning CN-1

DESCRIPTION

Located at the crossroads of one of Oakland's hippest and most dynamic neighborhoods comes a prime development opportunity: currently a vacant commercial building, this fully entitled and engineered 4-story mixed-use building on bustling College Avenue, is just a few blocks from Rockridge BART. Thoughtfully designed by local architects David Trachtenberg and Diane Mosley with wood frame construction and sheathed in a tile front façade meant to blend in with the surrounding neighborhood, the building has been conceptualized with seven one and two bedroom apartments plus a ground-floor commercial unit. All units have private balconies and elevator access to a rooftop deck on the 5th floor with panoramic views of San Francisco, the Bay, and surrounding hills. With a WalkScore of 94, the building is located mere steps from the Rockridge Library, near shopping at Market Hall and noshing at A-16, Marica, Belotti's, Hudson Bay Café, and more on hip and happening College Avenue. A biker’s lifestyle is also promoted thanks to bike storage at entry level. If the project is not right for the next owner, the Existing building is a 6 room structure + bathroom & kitchenette that was previously used as an office. Possible doctor's office or exam room, zoom room type of private work space, or convert to residential. The property is situated in a commercial zone (zoned CN-1) on what is considered to be one of Oakland’s best retail stroll avenues – a rare opportunity to invest in Oakland’s best residential neighborhood and enjoy solid investment growth.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
014-1249-059-00
Land Assessment
$27,950
Improvements Assessment
$16,917
Total Assessment
$44,867
  • Listing ID: 27034063

  • Date on Market: 11/3/2022

  • Last Updated:

  • Address: 5346 College Ave, Oakland, CA 94618

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