7994 MacArthur Blvd - Commercial LAND FOR SALE


Oakland, CA 94605 10,010 SF
$995,000 USD
510-822-1331
7994 MacArthur Blvd, Oakland, CA for Sale
$995,000 USD
Commercial LAND - FOR SALE
1/15
10,010 SF

7994 MacArthur Blvd
Oakland, CA 94605


HIGHLIGHTS

  • 40-Unit Fully Entitled Affordable Housing Development
  • Eligible for State Grant Funding for Development
  • 39 Affordable Studio Units & One 2bd/1bth Manager Unit
  • 10,008 Square Foot Lot with 45 Ft Height Limit
  • 29,960 SqFt of Total Building Space with 14,760 SqFt of Residential Space, 4,690 SqFt of Supportive Space, and 10,500 SqFt of Common Space

OVERVIEW

40-unit, fully entitled, 100% affordable housing development project, eligible for state grant funding to finance the development. The approved project is for a 10,008 square foot flat lot with plans for a 29,960 square foot building offering 14,760 square feet of residential rental space, 4,690 square feet of supportive space, 10,500 square feet of common area space, and 11 street-level parking spaces. The design includes five levels of Type III construction over a concrete podium with space for on-site supportive services, a rooftop HVAC, and solar panels. Amenities for the building include an entry lobby, bike storage, secure gated parking, an exercise room, a laundry room, offices for supportive services, community room for up to 40 people, a landscaped deck on the 5th floor, and a professional work center. Seller financing is available with excellent terms for well qualified buyers. ***EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE. buyers.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/ACRE

$4,330,755/AC

PRICE/SF

$99 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

40-Unit Fully Entitled Oakland Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.23 AC

LAND SF

10,008 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Gas

ZONING

-

APN/PARCEL ID

040a-3422-017-00

ASK ABOUT THIS PROPERTY

David HowarthPinza GroupMore Info
510-822-1331

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David HowarthPinza GroupMore Info
510-822-1331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.