3132 12Th St

Oakland, CA 94601

$1,999,950

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Property Description

Oppotunity zone, Fruitvale Bart Station Multifamily/Mix-use Midrise Use Development Opportunity. Located on the Bart Line, just 1 block away from the station, including its own bus stop. This CN-3 half-block property is a rare opportunity. Once developed this property will become a landmark for the Fruitvale district, with views of the Bay, Oakland Hills, Downtown, and the peninsula from the top floors and rooftop deck at 75'+ high. Conceptual plan available of luxury condos or apartments with prime first floor retail. Survey available. Conceptual pre-planning architectural available for 40 units, but State bills may allow for up to 150 senior SRO units and variance to zoning height restrictions to possibly go up 100' . Parking requirements heavily lowered due to proximity to Bart. Receive monthly rents from the existing month-to-month tenant as you work on your entitlements!

Interior Features

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Listing Information

Address 3132 12Th St
City Oakland
State CA
Zip 94601
County Alameda
Listing Agent Ben Dianda DRE#01870088
Co-Listing Agent Dan Dianda DRE#00584435
Courtesy Of Equidy
MLS 41002551
List Price $1,999,950
Status Pending
Type Commercial
Structure Size N/A
Lot Size N/A
DOM 49

Exterior Information

Maps

Listing information courtesy of: Ben Dianda, Dan Dianda, Equidy . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 18th, 2022 at 4:12 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.