For Sale
$350,000

1795 11Th StOakland, CA 94607

Prime location, mixed-use potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 5,406 square foot vacant lot, located at 1795 11th Street in Oakland, California (zip code 94607), presents a unique investment opportunity. Situated in a rapidly developing area of West Oakland, this property boasts a prime corner location at the intersection of 11th and Pine Streets, just a short distance from successful recent housing developments such as Zephyr Gate, Pacific Cannery Lofts, Station House, and Ironhorse. The property is zoned HBX-2 (Housing and Business Mix), offering flexible development options. The site's 5,406 square foot lot size allows for the construction of up to five residential units, with the potential for additional units through density bonuses, plus accessory dwelling units (ADUs). Furthermore, the property's location within an Opportunity Zone provides significant tax advantages for developers. With a 45-foot height limit and a 2.5 floor area ratio (FAR), this site offers substantial development potential. The asking price is $350,000, translating to $64.74 per square foot. The property's convenient location offers excellent transit access, being less than a mile from the West Oakland BART station and 0.4 miles from the 16th Street Train Station, providing easy commutes to Downtown Oakland and San Francisco. The Alameda County Assessor's Parcel Number (APN) is 6-31-15. This is a rare chance to capitalize on the burgeoning West Oakland market.

Highlights

  • Residential development opportunity.
  • Located in a designated Opportunity Zone.
  • Asking price: $350,000.
  • 5,406 square foot lot.
  • Potential for 5 residential units (without density bonus).
  • 45-foot height restriction.

Property Details for 1795 11Th St

Property type
Mixed-use properties, Land
Square Feet
5,406 SF

Location Insight

City
Oakland
County
Alameda
State
California
Latitude
37.81177398
Longitude
-122.30082735
1795 11Th St, Oakland, California

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1795 11Th St
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