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9809 Macarthur Blvd, Oakland, CA 94605
9809 Macarthur Blvd, Oakland, CA 94605
9809 Macarthur Blvd, Oakland, CA 94605
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Richard King

Richard King

+1(760) 515-7653
$499,000
Est. payment /mo
10,014 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Durant Manor

MLS Listing ID 41143007

HOA Y/N No

Lot Size 10,014 Sqft

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.

Location

State CA

County Alameda

Zoning CN-3

Interior

Fireplace No

Building

Lot Description Street Level

Others

Tax ID 4654903

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Real Estate Owned

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Listed by Marcin Grobelny Prominent Realty & Funding #01502656

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Richard King

+1(760) 515-7653

richking760@gmail.com

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