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1901 Park Blvd Oakland, CA 94606

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For Sale
$1,500,000

Prime land with flexible development potential in a central location.

Property size:
1,626 SF

Property Features for 1901 Park Blvd

General Information

Standard status
Active
Size
1,626 SF

Building Details

Year built
1965

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Listing Contact
Ken Wu
Source: Corcoran

Listing Agent: Ken Wu

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Development Opportunity in Oakland, CA

Located at 1901 Park Blvd in Oakland, CA 94606, this property presents a development opportunity. The site offers flexible development potential, with plans for either a 12-condominium or 23-condominium building. The plans include 3,664 square feet of flexible retail space, over 3,000 square feet of rooftop lounge, and 5,346 square feet of parking garage space. The 23-condominium plan is slated to be entitled by June 30, 2025, with AH impact fees exempted due to the inclusion of two affordable units. Over $400,000 has been invested in engineering designs, which are ready for building permit submission. The property size is 1,626 square feet. Should the buyer prefer to utilize the land for other business purposes and wants to add an underground garage (currently approved at 5,346 square feet), the seller offers to cover the demolition, excavation, disposal costs, which are quoted at over $1,000,000 in value. The seller also offers to clean up the site and complete the agency-approved remediation before handing the land over to the buyer. This property offers cost savings and development upside.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

SF Auto Auto Bodywork Mechanic Yuen's Automotive Brake Shop Oak Detail Car Detailing Service Markato Hand Carwash ... Car Wash

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Oakland
County
Alameda
State
California
Longitude
-122.249994
Latitude
37.800064

FAQs

What type of property is this?
Commercial land - Prime land with flexible development potential in a central location.
Where is this commercial land located?
The property is located at 1901 Park Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: - Prime covered land development opportunity in a highly visible, central Oakland location.; - Flexible development potential: approved plans for either a 12-condominium or 23-condominium building with retail space, rooftop lounge, and parking garage.; - 23-condominium plan will be entitled by June 30, 2025, with AH impact fees exempted due to two affordable units.
More about this property
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