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Residential Development Land Parcel
For Sale
$244,000

7701 Bancroft Avenue, Oakland, CA 94605

Zoned RM-4 with S-13 affordable housing combining, the parcel may support eligible multifamily infill near major arterials.

Property SizeContact for details
Days on Market131

Property Features for 7701 Bancroft Avenue

General Information

Standard status Active
Property subtype Lots/Land
Listing Agency: Pacific Land Brokers
Listed By: Michael Heavin · License #00587874
Source: Exitrealty
Added: Apr 1 Changed: Aug 8 Last Checked: Jul 15 at 9:48PM

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 Pacific Land Brokers

Investment Insights

Based on property information with market context.

The property is a for-sale land parcel located at 7701 Bancroft Avenue in Oakland, CA 94605. The listing information identifies the subject zoning as RM-4 combined with S-13, with the intent to support residential areas featuring a mix of single-family homes, townhomes, and small multi-unit buildings at somewhat higher densities than RM-3, along with neighborhood businesses where appropriate.

The RM-4 district is described as serving residential locations typically found on or near the city’s major arterials. The Affordable Housing Combining (S-13) Zone is intended to create and preserve affordable housing. As provided in the zoning description, the purpose of S-13 includes allowing a bonus height for eligible affordable housing projects and providing relaxation of other listed development standards for applicable zones, including the elimination of any maximum residential density standards.

For developers and investors evaluating residential projects with an affordable housing component, this parcel’s RM-4/S-13 zoning may be relevant given the stated flexibility for qualifying projects. The zoning framework also indicates potential compatibility with a range of residential formats, including small multi-unit development, subject to applicable requirements and eligibility under the S-13 combining provisions.

Key Highlights

  • Zoned RM‑4 with S‑13 Affordable Housing Combining (eligible multifamily infill near major arterials).
  • S‑13 combining zone is intended to create and preserve affordable housing.
  • S‑13 provides bonus height for eligible affordable housing projects.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

887
Businesses Nearby

Demographics for 94605, CA

44,294
Population
17,686
Households
2.5
Avg Household Size
39
Median Age
43%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
5,033
Density / Sq Mi
$101,043
Median Household Income
$62,590
Median Earnings
$1,867
Median Rent
$840,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Zoned RM-4 with S-13 affordable housing combining, the parcel may support eligible multifamily infill near major arterials.
Where is this residential land & home lot located?
The property is located at 7701 Bancroft Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $244,000.
What are key features of this property?
This property features: Zoned RM‑4 with S‑13 Affordable Housing Combining (eligible multifamily infill near major arterials).; S‑13 combining zone is intended to create and preserve affordable housing.; S‑13 provides bonus height for eligible affordable housing projects.
More about this property
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