Residential Development Opportunity located near the Uptown/Pill Hill area in Oakland. Entitlements for a 40 unit building (expiration of entitlements to be verified with the city of Oakland). Two (2) street frontage on both Merrimac and 27th Streets. Property consists of 14,182 sq.ft. (.33 acres). RU-5 zoning. The property is located near the City’s major arterials and public transportation. This is a REO sale.