3132 E 12Th St Pending

Oakland,CA 94601

$ 1999995

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land, Commercial

Sub Type Other Commercial Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID BE41002550

Lot Size 9,650 Sqft

Property Sub-Type Other Commercial Land

Property Description

Oppotunity zone, Fruitvale Bart Station Multifamily/Mix-use Midrise Use Development Opportunity. Located on the Bart Line, just 1 block away from the station, including its own bus stop. This CN-3 half-block property is a rare opportunity. Once developed this property will become a landmark for the Fruitvale district, with views of the Bay, Oakland Hills, Downtown, and the peninsula from the top floors and rooftop deck at 75'+ high. Conceptual plan available of luxury condos or apartments with prime first floor retail. Survey available. Conceptual pre-planning architectural available for 40 units, but State bills may allow for up to 150 senior SRO units and variance to zoning height restrictions to possibly go up 100' . Parking requirements heavily lowered due to proximity to Bart. Receive monthly rents from the existing month-to-month tenant as you work on your entitlements!

Location

State CA

County Alameda

Area Other Area

Exterior

Utilities Available Other

Building

Lot Description Surveyed ,Building Pad - Possible,Corners Marked - No

Sewer Sewer - Public

Water Public

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