8201 MacArthur Blvd - 11-Unit Development w/ Excellent Financing
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8201 MacArthur Blvd - 11-Unit Development w/ Excellent Financing
0.12 Acres of Commercial Land Offered at $995,000 in Oakland, CA 94605
Investment Highlights
- Fully Entitled 11-Unit Mixed-Use Development
- 5-Story Development with Over 11,500 Square Feet of Rental Space, Off-Street Parking, and a Variety of Amenities
- High Visibility Corner Location with Excellent Cash Flow and Resale Potential
- Seller Financing is Available with Excellent Terms
- Plans Include 10 2bd/2bth 1,100 Square Foot Residential Units and One Commercial Retail Space
- Convenient Location with Easy Access to HWY 580, Near San Leandro, Lake Merritt, and Downtown Oakland
Executive Summary
Rare fully entitled 11-unit mixed-use development near San Leandro. Seller financing is available with excellent terms! The plans include 10 2bd/2bth 1,100 square foot residential units and one 600 square foot commercial retail unit along with approximately 7,000 square feet of common area and support services space. The property will offer 10 street-level parking spaces and a host of tenant-focused amenities. The final map is approved, and the only requirement is for the buyer to pay the permit fees and begin the building process. This is an excellent opportunity to build on a high-profile corner location with immediate access off 82nd Ave to HWY 580 via Golf Links Rd. There is a strong requirement for new housing in the region making this an ideal investment to hold and rent for maximum income or resell for a large profit. The immediate location is rapidly changing and becoming one of the more desirable locations in this region with a variety of new restaurants, coffee shops, and shopping options.
****EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE.
****EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE.
Property Facts
Price | $995,000 | Property Subtype | Commercial |
Sale Type | Investment | Total Lot Size | 0.12 AC |
No. Lots | 1 | Opportunity Zone |
Yes
|
Property Type | Land |
Price | $995,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 0.12 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot
Price | $995,000 | Lot Size | 0.12 AC |
Price Per AC | $8,292,012.17 |
Price | $995,000 |
Price Per AC | $8,292,012.17 |
Lot Size | 0.12 AC |
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PROPERTY TAXES
Parcel Number | 043-4620-001-02 | Improvements Assessment | $0 |
Land Assessment | $575,000 | Total Assessment | $575,000 |
PROPERTY TAXES
Parcel Number
043-4620-001-02
Land Assessment
$575,000
Improvements Assessment
$0
Total Assessment
$575,000
zoning
Zoning Code | MU (Mixed Use) |
MU (Mixed Use) |
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8201 MacArthur Blvd - 11-Unit Development w/ Excellent Financing
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