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2044 Franklin St Oakland, CA 94612

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357-Unit Multifamily Development, 25,500 SF

Property size:
25,500 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional redevelopment opportunity presents a 25,500 square foot, 0.59-acre site located at 2044 Franklin Street in Oakland, California's highly desirable Uptown District. Zoned Central Business District Commercial (CBD-C), this vacant property offers significant potential for a mixed-use development. Previously occupied by Bank of America as a single-tenant office space, the site is entitled for a 357-unit multifamily project. The proposed development includes a mix of studio, one-bedroom, and two-bedroom units, along with approximately 5,385 square feet of amenity space. Amenities will include a leasing center, mail center, rooftop deck, outdoor cafe, and fitness studio. The 22-story building was constructed in 1966 and sits on a parcel identified by APN 8-651-18-1 in Alameda County, zip code 94612. This prime location within the vibrant Uptown District offers unparalleled access to Oakland's thriving downtown area. The property's size and zoning provide a unique opportunity for a high-density, mixed-use development catering to the growing demand for urban living. This is a for-sale-by-owner opportunity for investors seeking a significant redevelopment project in a dynamic and rapidly growing market.

Property Features for 2044 Franklin St

General Information

Property type
Multifamily properties
Square Feet
25,500 SF
Lot Size
25,700 SF

Building Details

Year Built
1966
Stories
22

HighLights

  • Exceptional 25,500 SF redevelopment opportunity on a 0.59‑acre site in Oakland's Uptown District.
  • Zoned CBD‑C, the vacant lot is entitled for a 357‑unit multifamily project.
  • Proposed development includes studio, 1‑bedroom, & 2‑bedroom units, plus 5,385 SF of amenities (leasing center, mail center, rooftop deck, outdoor cafe, fitness studio).
  • Located at 2044 Franklin Street, Oakland, CA 94612 (APN 8‑651‑18‑1).
  • For‑sale‑by‑owner; ideal for investors seeking a high‑density, mixed‑use project in a rapidly growing market.
Property Profile Location Intelligence

Current Use by Public Records

SensTek Association Or Organization QUiVX e-Discovery Legal Services Port Labs Coworking Space ICA Investment Service Silicon Valley Advantage Corporate Office

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Oakland
County
Alameda
State
California
Longitude
-122.26677619
Latitude
37.80969743

FAQs

What type of property is this?
Multifamily property - 357-Unit Multifamily Development, 25,500 SF
Where is this multifamily property located?
The property is located at 2044 Franklin St Oakland, CA.
What are key features of this property?
This property features: Exceptional 25,500 SF redevelopment opportunity on a 0.59-acre site in Oakland's Uptown District.; Zoned CBD-C, the vacant lot is entitled for a 357-unit multifamily project.; Proposed development includes studio, 1-bedroom, & 2-bedroom units, plus 5,385 SF of amenities (leasing center, mail center, rooftop deck, outdoor cafe, fitness studio).
More about this property
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