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9809-9811 Macarthur Blvd - Prime Development Opp in Alameda Couny 0.11 Acres of Commercial Land Offered at $599,000 in Oakland, CA 94605
Investment Highlights
- CROSS STREET: 98TH AVENUE EASY ACCESS VIA MACARTHUR BLVD
- DEVELOPMENT AND INVESTMENT POTENTIAL
- CONVENIENT TRANSPORTATION ACCESS
- PROPERTY TYPE: LAND SUBTYPE: UNIMPROVED LAND
- ESTABLISHED SURROUNDING AREA
Property Facts
| Price | $599,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Condition | REO Sale | Building Class | C |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Property Type | Land |
| Price | $599,000 |
| Sale Type | Investment |
| Sale Condition | REO Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Building Class | C |
| Total Lot Size | 0.11 AC |
1 Lot Available
Lot
| Price | $599,000 | Lot Size | 0.11 AC |
| Price Per AC | $5,213,228.89 |
| Price | $599,000 |
| Price Per AC | $5,213,228.89 |
| Lot Size | 0.11 AC |
Description
The previously entitled project covers a 10,014 sq ft (per county records) flat lot across two parcels (046-5490-003 and 046-5490-004), with plans for a 37,360 sq ft building offering 18,020 sq ft of residential rental space, 7,500 sq ft of supportive space, 11,825 sq ft of common area space, and 23 street-level parking spaces. Project Program: A six-story multifamily residential structure with podium parking comprising 48 studio apartment units, one two-bedroom manager's unit, and 7,450 sq ft of resident supportive services space, with up to 23 parking spaces. *Buyer to verify with the City of Oakland's planning portal that the entitlement is still active and hasn't lapsed.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $728,280 | Total Assessment | $728,280 |
Property Taxes
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9809-9811 Macarthur Blvd - Prime Development Opp in Alameda Couny
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