3414 Andover St, Oakland, CA 94609

$649,000
3
BD
1
BA
1,320
SqFt

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List Price
$649,000
Status
ACTIVE
Year Built
1903
Style
Other
MLS#
41151437
Bedrooms
3
Bathrooms
1
Living Area
1,320
Lot Size
6,000
Type
Single Family Residential
Zip
94609
city
Oakland
Neighborhood
Pill Hill

Property Description

Rare fully entitled 20-unit development opportunity in Oakland’s popular Pill Hill neighborhood. The property is fully entitled for a six story 23,996 square foot building consisting of five 2bd/2bth units, five 2bd/1bth units, and 10 1bd/1bth units. The property will offer individual decks and parking spaces for all units. The current building was built in 1903, offers 1,320 square feet of living space, and sits on a 6,000 square foot lot measuring 50’x120’. The current building has been remodeled and has a history of successful short-term rentals. The property offers a remodeled kitchen and bathroom, hard wood floors, custom molding, custom lighting, new interior paint, and more. This is an excellent opportunity for a developer to capitalize on one of Oakland’s best neighborhoods with excellent future cash flow or resale potential. This is a high demand rental surrounded by many medical centers, shopping options, restaurants, and coffee shops.

Additional Information

Lot Description
Other
Kitchen Features
Other
Flooring
Wood
Heating
Other
Cooling
Other
Laundry
Other
Stories
1
Exterior
Other
Roof
Composition Shingles
Garageparking
None
Water Sewer
Public
Building Type
Detached
Acres
0.14

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Calculator source: Real Geeks

Listing courtesy of David Howarth from The Pinza Group, Inc. 510-822-1331

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