Technical
Financial
Distress signals
Property profile

0 Ascot Dr Oakland, CA 94611

OFF-MARKET
Land
1.2 ac lot
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Property summary

AI-generated overview

This exceptional 1.2-acre property in Oakland's desirable Piedmont Pines neighborhood presents a unique multi-family development opportunity. Zoned RD2, the land comprises five lots (APN: 048D-7254-028-00, 048D-7254-029-00, 048D-7254-027-00, 048D-7254-026-00, 048D-7254-025-00), each approximately 0.21 to 0.26 acres, offering breathtaking city and Bay Bridge views. The property's hillside location provides a stunning backdrop for a new residential enclave. Each lot allows for the construction of one primary and one secondary unit, presenting the possibility of developing either a single large residence or five individual homes. Utilities are conveniently located along the street, simplifying the development process. A preliminary study has been completed, and comprehensive reports and disclosures are available. This is a rare chance to create a truly exceptional residential project in a highly sought-after location. The asking price is $499,000. This offering is for the land only

Property profile

Verified
Property type Land
Lot 1.2 ac (52,272 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ascot Dr Oakland, CA 94611
Oakland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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