3414 andover st Oakland, CA 94609

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3414 Andover St, Oakland, CA 94609

Price: $1,650,000
Address: 3414 andover st
City: Oakland
State: CA
Zip: 94609
Amenities: Parking
Bedrooms: 2
Condition: Resale
Fee: No
Square Feet: 1320
Provided By: Americanlisted

Description:

20-unit development Rare fully entitled 20-unit development opportunity in Oakland's popular Pill Hill neighborhood. The property is 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 beautifully remodeled and will be delivered vacant making a perfect set-up for an owner-occupant. This is an excellent opportunity for a developer to capitalize on a rapidly changing neighborhood with excellent future cash flow or resale potential. Seller financing is available with excellent terms.

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