$825,000
$950,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
3416 Piedmont Ave Oakland, CA 94611
5,662 Sqft Lot
Key Details
Sold Price $825,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Piedmont Avenue
MLS Listing ID 40817591
Sold Date 08/29/18
HOA Y/N No
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Fantastic entitled development opportunity in Oakland’s rapidly emerging Broadway-Valdez Corridor neighborhood. 3400-3416 Piedmont Ave consists of 2 vacant parcels of land totaling approximately 4862 ft.². Approved plans for a 4-story mixed-use building w/6-residential units over a 766 ft.² ground floor commercial/retail space, residential lobby w/elevator, indoor parking for 5 cars. The 2 adjacent parcels are located at the northernmost boundary of Oakland’s emerging Broadway-Valdez District Corridor, at the corner of Piedmont Ave & Croxton Avenue. Great shopping & destination dining along Piedmont Ave, Temescal, & The Uptown Art’s & Entertainment District. Close proximity to 2 BART stations (MacArthur BART & 19th Street BART), AC Transit, & adjacent to medical campuses of Kaiser & Summit/Alta Bates. Currently, the property is an income producing parking lot; $2500/month, month-to-month lease; $30,000 annual revenue.
Location
State CA
County Alameda
Zoning DBV3
Interior
Fireplace No
Building
Lot Description Corner Lot
Others
Tax ID 9731392
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with CARLA J. HIGGINS • THE GRUBB COMPANY