CA > Oakland
Oakland, CA 94608,990 34th ST
Oakland, CA 94608,990 34th ST
Oakland, CA 94608,990 34th ST
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
Listed by Sebastian Lopez Serna Compass
$11,000,000
Est. payment /mo
12 Beds
7 Baths
4,072 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,072 sqft

Price per Sqft $2,701

MLS Listing ID 425081135

Style Unknown

Bedrooms 12

Full Baths 7

HOA Y/N No

Year Built 1924

Lot Size 10,752 Sqft

Acres 0.2468

Property Sub-Type Mixed Use

Property Description

Exceptional development opportunity in the heart of Oakland! This property comes with approved entitlements from the City of Oakland to demolish the existing four-unit building and construct a six-story, 63-foot tall building featuring 78 residential units and two ground-floor commercial spaces. The project is fully entitled under the By Right Residential Approval Process and qualifies for the State Density Bonus Law, providing four valuable incentives including reduced setbacks, lot area, open space, and ground floor height. Architectural design and full building plans are in place, allowing a developer to step in and move forward without delay. The approved plans call for a well-balanced mix of housing: 20% reserved for moderate-income households, 80% for lower-income households, and one designated manager's unit. The property is zoned Mixed Housing Type Residential (RM-2, S-13 & S-14 Combining Zones) and is strategically located in Oakland's District 3, offering strong demand for both residential and retail. This is a rare, shovel-ready project in a prime urban market ideal for investors, builders, and developers seeking to deliver high-density housing in one of the Bay Area's most dynamic cities.

Location

State CA

County Alameda

Area Oakland Zip 94608

Zoning RM-2, S-13, S-14

Interior

Heating Zoned

Flooring Tile

Fireplace No

Appliance Dishwasher, Microwave, Varies By Unit

Laundry Common Area

Exterior

Exterior Feature Yard Space

Roof Type Tar/Gravel

Total Parking Spaces 6

Building

Lot Description Corner Lot, Garden, Private

Story 2

Sewer Public Sewer

Water Public

Architectural Style Unknown

New Construction Yes

Others

Tax ID 0090740014

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

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Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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