LOT SIZE 0.230 acres
MLS#41143007
STATUS(Bank Owned) - Active
PROPERTY TYPELand - Commercial
SUBDIVISIONDURANT MANOR
Listing Courtesy of:
Prominent Realty & Funding
Agency Phone: 925-408-0682
Associate Name: Marcin Grobelny
Listing Shown by:
Watson Realty
Associate Name: TEAM T.P.G.
Property Description
PRIME DUAL-PARCEL DEVELOPMENT OPPORTUNITY IN OAKLAND! Exceptional flexibility and investment potential on a high-visibility MacArthur Blvd transit corridor. Offered at $499,000 across two level, contiguous lots (~10,014 SF total; APNs 046-5490-003-00 & 046-5490-004-00), this site features two distinct, city-reviewed project paths for non-profit and private market-rate developers. OPTION 1: DENSE AFFORDABLE / SUPPORTIVE HOUSING (49 UNITS) Leverage approved 2023 design review plans under CA AB 2162 ministerial, by-right streamlining. Plans specify a 6-story, 37,361 GSF podium building featuring 49 total units (48 studios + 1 manager unit), 7,450 SF of ground-floor supportive/common service space, and 23 garage parking spaces. Unbeatable acquisition land basis of ~$10,183/door and $13.36/buildable GSF, making it highly competitive for LIHTC non-profit tax credit funding. OPTION 2: PRIVATE / MARKET-RATE INFILL (8 UNITS + COMMERCIAL) For traditional builders seeking simpler construction, the site previously received Development Permit approval (PLN19039) for a 3-story mixed-use project featuring 8 residential townhomes (19,125 SF total) and 1,200 SF of ground-floor retail.
Property Features
Property Type: Land - Commercial
Lot Size: 0.23 Acres
Feature Descriptions
Days on Site: 4
Lot: Street Level
Parcel#: 4654903
Listed By / Shown By
Listed By
Agency Name: Prominent Realty & Funding
Agent Name: Marcin Grobelny
Agency Phone: 925-408-0682
Shown By
Agent Name: TEAM T.P.G.
Agent Phone:
Agency Title: Watson Realty
Estimate Your Payment
Estimated Payment
$ 1,256.10 per month $1,110.56 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.54 Homeowner's Insurance
9809 Macarthur Blvd | MLS# 41143007
This land located at 9809 Macarthur Blvd, Oakland, CA 94605 is currently listed for sale with an asking price of $499,000. The property has approximately 0.23 Acres. Search Oakland real estate on t-p-g.cce-escrow.com today.