Listed by Luxe Places International Realty
$599,000
9809 & 9811 MacArthur Boulevard
Details
Property Type Land
Sub Type Commercial
Lot Size (SqFt) 10,014
Investment Type Redevelopment
Sale Condition Bank owned foreclosure
Prime Two Parcel Development Opportunity
Marketing description
PROPERTY HIGHLIGHTS
- CROSS STREET: 98TH AVENUE
- EASY ACCESS VIA MACARTHUR BLVD
- PROPERTY TYPE: LAND
- SUBTYPE: UNIMPROVED LAND
- DEVELOPMENT AND INVESTMENT POTENTIAL
- ESTABLISHED SURROUNDING AREA
- CONVENIENT TRANSPORTATION ACCESS
Project Program: A six-story multifamily residential structure with podium parking
comprising 48 studio apartment units, one two-bedroom manager's unit, and
- 7,450 sq ft of resident supportive services space, with up to 23 parking spaces.
- Affordability: 100% Affordable Permanent Supportive Housing (PSH)
Investment highlights
The previously entitled project covers a 10,014 sq ft (per county records) flat lot
across two parcels (046-5490-003 and 046-5490-004), with plans for a 37,360 sq
ft building offering 18,020 sq ft of residential rental space, 7,500 sq ft of supportive
space, 11,825 sq ft of common area space, and 23 street-level parking spaces.
*Buyer to verify with the City of Oakland's planning portal that the entitlement is still active and hasn't lapsed.
Listing Contacts
Listed by Luxe Places International Realty
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