1940 Park Blvd, Oakland CA, 94606
(Active)
$449,000
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MLS# 41047503
Last Updated: 5/6/2024 11:34 AM
Description for
1940 Park Blvd
Oakland, CA 94606
Fully approved as a Condominium Building!!! Seller has planning and zoning approval for a ten unit condominium building plus a ground floor commercial for a total of 11 units! Build from the ground up, and since new construction as a rental property is exempt from rent control for 15 years, hold as a rental before selling as condominiums!! No podium parking needed. Fantastic location East of Lake Merritt! Easy access to shopping, restaurants, and the magnificent walking trail around the jewel of Oakland, Lake Merritt!
Price
$449,000
Alameda
41047503
Active
Description
Fully approved as a Condominium Building!!! Seller has planning and zoning approval for a ten unit condominium building plus a ground floor commercial for a total of 11 units! Build from the ground up, and since new construction as a rental property is exempt from rent control for 15 years, hold as a rental before selling as condominiums!! No podium parking needed. Fantastic location East of Lake Merritt! Easy access to shopping, restaurants, and the magnificent walking trail around the jewel of Oakland, Lake Merritt!
Listing Information
| Property Type: Land, Other | ||
| 0.11 Acres | ||
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
R
Driving Directions
Park Blvd to 20th Cross Street: 20th and Park.
Financial Considerations
| 2127717 |
Cash,1031 Exchange
Listing Price History
Oakland Real Estate
Oakland is located in California. Oakland, California 94606 has a population of 428,352.
The median household income in Oakland, California 94606 is $65,378. The median household income for the surrounding county is $107,045 compared to the national median of $66,222. The median age of people living in Oakland 94606 is 40 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/11/2024 | Active | $449,000 USD -10.02% |
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| 1/14/2024 | Active | $499,000 USD |
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