$1,250,000
For Sale

9809 Macarthur Blvd

Oakland, CA 94605
Listing OfficeThe Pinza Group, Inc
Browse 20 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

49-unit, fully entitled, 100% affordable housing development project, eligible for state grant funding to finance the development. Seller financing is available with excellent terms! The approved project is for a 10,014 square foot flat lot with plans for a 37,360 square foot building offering 18,020 square feet of residential rental space, 7,500 square feet of supportive space, 11,825 square feet of common area space, and 23 street-level parking spaces. The proposed project will cover two parcels (046-5490-003 and 046-5490-004) with a 60-foot height limit and is zoned Neighborhood Center Mixed Use/CN-3. Amenities for the building include an entry lobby, exercise rooms, medical rooms, community conference room for up to 40 people, a computer lab, laundry rooms on each floor, an open-air deck, TV social lounge, bike storage areas, dog washing areas, and case management offices.

  • Property Details
      • Sewer InformationPublicSewer
      • Original List Price$1,250,000
      • Property TypePurchase
      • MLS #41073247
      • MLS #41073247
      • CountyAlameda
      • Cost1250000
      • Acres0.2299
      • Utility SourcePublic
      • Property SubtypeLand

Location

Jerry Avila#TheRealEstateGuy
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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