Homes for sale - 990 34th ST, Oakland, CA 94608

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Rebecca Brooks

rebeccabrooks@epique.me +1(415) 717-8398

Listed by Sebastian Lopez Serna Compass

$11,000,000

Est. payment - /mo

4,072 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,072 sqft

Price per Sqft $2,701

MLS Listing ID 425080721

HOA Y/N No

Year Built 1924

Lot Size 10,752 Sqft

Acres 0.2468

Property Sub-Type Mixed Use

Property Description

Exceptional development opportunity in the heart of Oakland! This property comes with approved entitlements from the City of Oakland to demolish the existing four-unit building and construct a six-story, 63-foot tall building featuring 78 residential units and two ground-floor commercial spaces. The project is fully entitled under the By Right Residential Approval Process and qualifies for the State Density Bonus Law, providing four valuable incentives including reduced setbacks, lot area, open space, and ground floor height. Architectural design and full building plans are in place, allowing a developer to step in and move forward without delay. The approved plans call for a well-balanced mix of housing: 20% reserved for moderate-income households, 80% for lower-income households, and one designated manager's unit. The property is zoned Mixed Housing Type Residential (RM-2, S-13 & S-14 Combining Zones) and is strategically located in Oakland's District 3, offering strong demand for both residential and retail. This is a rare, shovel-ready project in a prime urban marketideal for investors, builders, and developers seeking to deliver high-density housing in one of the Bay Area's most dynamic cities.

Location

State CA

County Alameda

Area Oakland Zip 94608

Zoning R-M2, S-13, S-14

Interior

Fireplace No

Exterior

Total Parking Spaces 6

Building

Lot Description BART Nearby, City Lot, Hospital Nearby, Hotel/Motel Nearby, Neighborhood, Near Public Transit, Restaurant Nearby, Shopping Nearby

Story 2

Level or Stories Basement, See Remarks

New Construction Yes

Others

Tax ID 0090740014

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Rebecca Brooks

+1(415) 717-8398

San Francisco Bay Area Team Leader/Broker Associate | License ID: 1249870

San Francisco Bay Area Team Leader/Broker Associate License ID: 1249870

990 34th ST Oakland, CA 94608

Rebecca Brooks

Key Details

Location

Interior

Exterior

Building

Others

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990 34th ST