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800 Cedar St - Prime West Oakland Land - Half Mile to BART 3.75 Acres of Commercial Land Offered at £2,963,720 in Oakland, CA 94607

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INVESTMENT HIGHLIGHTS

  • Prime West Oakland land, fully entitled for 3 Multi-Family buildings consisting of 215 100% market-rate rental units
  • Great location, just half mile to West Oakland BART
  • Excellent access to the San Francisco-Oakland Bay Bridge, and the entire SF Bay area
  • Affordable requirement satisfied
  • Easy freeway access to I-80, I-880, and I-580

EXECUTIVE SUMMARY

Opportunity to acquire ±3.75 Acres of Prime West Oakland Land, fully entitled for 3 Multi-Family buildings consisting of 215 100% market-rate rental units. All affordable housing requirements will be satisfied on an adjacent parcel, currently under construction with completion scheduled for Q4 2024. Construction pricing is available for interested parties.
LAND LOT # AND SIZE:
#2: 36,407 SF
#3: 89,255 SF
#4: 37,695 SF
PROPERTY DETAILS:
Fully entitled for 215 market-rate rental units. Affordable requirement satisfied.
Half mile to West Oakland BART. Rapidly changing neighborhood. Transformational opportunity. Easy freeway access to I-80, I-880, and I-580. Excellent access to the San Francisco-Oakland Bay Bridge, and the entire SF Bay area. 8 miles to Oakland Airport. 8 miles to San Francisco.

PROPERTY FACTS Under Offer

Price £2,963,720
Sale Type Investment
No. Plots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Build-to-Rent
Total Plot Size 3.75 ac
Cross Streets 9th Street
Opportunity Zone Yes
Use Class HBX-4 & CIX-1B/S-19

1 PLOT AVAILABLE

Plot 2, 3, & 4

Price £2,963,720
Price Per ac £790,291.64
Total Plot Size 3.75 ac

±3.75 Acres of Prime West Oakland Land, fully entitled for 3 Multi-Family buildings consisting of 215 100% market-rate rental units. Half block to West Oakland BART station. LAND LOT # AND SIZE: #2: 36,407 SF #3: 89,255 SF #4: 37,695 SF

Bike Score®
Good for cycling (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®
  • Listing ID: 34135303

  • Date on Market: 09/12/2024

  • Last Updated:

  • Address: 800 Cedar St, Oakland, CA 94607

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