Planned Mixed-Use Development
For Sale
Contact for pricing
Pending
1940 Park Blvd, Oakland, CA 94606
Land with planning and zoning approval for an 11-unit mixed-use condominium project.
Property SizeContact for details
Days on Market135
Property Features for 1940 Park Blvd
General Information
Standard status
Pending
Property subtype
Land
Additional Details
Multifamily Units
10
Listing Agency:
Winkler Real Estate Group
(510) 528-2200
Listed By:
Daniel Winkler · License #CA 01090765
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 2:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Winkler Real Estate Group
Investment Insights
Based on property information with market context.
This offering is for development land with seller-provided planning and zoning approval for a ten-unit condominium building plus ground-floor commercial space, for a total of 11 units. The seller indicates the project can be built from the ground up, and also notes that new construction as a rental property is exempt from rent control for 15 years, with the option to hold as a rental before transitioning to condominiums. The seller further states that no podium parking is needed.
The property is located at 1940 Park Blvd in Oakland, California, described as east of Lake Merritt, with easy access to shopping, restaurants, and the walking trail around Lake Merritt.
The property is located at 1940 Park Blvd in Oakland, California, described as east of Lake Merritt, with easy access to shopping, restaurants, and the walking trail around Lake Merritt.
Key Highlights
- Planning and zoning approval for an 11‑unit mixed‑use condominium project
- Proposed build includes a ten‑unit condominium building plus ground‑floor commercial space
- Seller indicates new construction as a rental is exempt from rent control for 15 years
Property Analytics
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
1,687
Businesses Nearby
Explore this area
Business Placement
Demographics for 94606, CA
40,768
Population
17,457
Households
2.3
Avg Household Size
37
Median Age
40%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
17,725
Density / Sq Mi
$70,769
Median Household Income
$47,558
Median Earnings
$1,775
Median Rent
$747,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land with planning and zoning approval for an 11-unit mixed-use condominium project.
Where is this residential land & home lot located?
The property is located at 1940 Park Blvd Oakland, CA.
What are key features of this property?
This property features: Planning and zoning approval for an 11‑unit mixed‑use condominium project; Proposed build includes a ten‑unit condominium building plus ground‑floor commercial space; Seller indicates new construction as a rental is exempt from rent control for 15 years
