235-251 30th Street
Rare Four-Parcel Multifamily Redevelopment Site in Prime Oakland Location
Marketing description
This rare four-parcel assemblage on 30th Street in Oakland presents a compelling
redevelopment opportunity in one of the East Bay’s rapidly evolving urban corridors. The
offering consists of four contiguous parcels being sold together, creating a sizable
development footprint ideal for multifamily, mixed-use, or other high-density residential
concepts (buyer to verify).
The site benefits from split height allowances across the assemblage, with two parcels
permitting development up to 45 feet and two parcels permitting development up to 65 feet.
This configuration offers developers flexibility to design a tiered or stepped building profile
while maximizing density and project efficiency.
Currently, the properties contain three tenants generating interim income, allowing investors
the ability to offset holding costs during entitlement or planning phases. With Oakland
continuing to see strong demand for housing and urban infill development, this assemblage
provides a strategic opportunity to create a substantial residential project in a
supply-constrained market.
Positioned within close proximity to major transit routes, employment centers, and
neighborhood retail amenities, the property offers developers the chance to capitalize on
Oakland’s ongoing growth and housing demand.
Investment highlights
- Four Contiguous Parcels Sold as One Assemblage Creates a large, unified development site rarely available in the neighborhood
- Split Height Zoning Two parcels allow 45 ft development and two parcels allow 65 ft, enabling flexible design options
- Prime Urban Infill Opportunity Ideal for multifamily or mixed-use redevelopment (buyer to verify zoning and allowable uses)
- In-Place Income Three existing tenants provide interim cash flow while planning redevelopment
- Flexible Development Potential Opportunity to design a stepped or podium-style project to maximize site efficiency
- Strong Oakland Housing Demand Located in a market with ongoing need for new residential supply
- Excellent Connectivity Easy access to major transportation corridors, employment centers, and neighborhood amenities
- Rare Assemblage Opportunity Large redevelopment sites with multiple parcels are increasingly scarce in Oakland
- Excellent Access to Healthcare Kaiser Permanente (349 beds) and Summit Hospital (309 beds) nearby enhance the property’s appeal with readily available advanced healthcare services.
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