$799,000

HUGE PRICE REDUCTION! This property has approval for 44 market units, of which 8 are designated for affordable units, located near downtown Oakland, BART, and a few blocks from public transportation. A great project for the experienced developer. It's located in the opportunity zone, according to the City of Oakland General Plan. There is an ongoing effort from the neighboring owners to close 23rd St which is in front of the property. The street closure would provide an additional 20 ft frontage which can provide the owner with several beneficial options. Including but not limited to a patio meeting area.