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
MLS#
41151437
Year Built
1903
Property Type
Detached
Bedrooms
3
Bathrooms
1
Full Bathrooms
1
Living Area
1,320
Lot Size
6,000
Acres
0.14
County
Alameda
Subdivision
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

Style
Other
Stories
1
Exterior
Other
Fireplace
Yes
Fireplace Features
Other
Flooring
Wood
Kitchen Features
Other
Laundry Features
Other
Lot Description
Other
Total Number of Rooms
6
Parking Features
None
Pool Type
Other
Roof
Composition Shingles
Water Sewer
Public

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

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