$695,000
5323 Fairfax Ave Oakland, CA 94601
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$695,000
Est. payment /mo
2,800 Sqft Lot
UPDATED:
10/31/2024 09:20 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41074365
HOA Y/N No
Year Built 1925
Lot Size 2,800 Sqft
Property Description
Significant price adjustment- over $100,000 reduction! We've adjusted the price to make this exceptional property an even more attractive opportunity! Three Live / Work Storefronts with Condo Conversion Potential. This is an incredible opportunity to own three versatile Live / Work Storefronts in the vibrant Melrose District of Oakland! Each unit has its own address and separate water and PGE meters. Each unit offers a blend of commercial and residential potential, perfect for entrepreneurs, small businesses or those seeking flexible living spaces. The property is also ideal for condo conversion providing significant investment potential, (buyer to verify with city.) Units have Updated Electrical, remodeled bathrooms, kitchen and windows. Approved permits to build out commercial kitchen in one unit, 2 units ready for retail, artist loft. This property offers a unique opportunity in a growing neighborhood with a wide range of possibilities for future development. Sewer lateral and /sidewalk compliant. In an Opportunity Zone!
Location
State CA
County Alameda
Interior
Heating See Remarks
Flooring Concrete
Fireplace No
Exterior
Garage Other
Parking Type Other
Building
Lot Description Street Level
Sewer Public Sewer
Others
Tax ID 3523882
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Janina Ivester • REAL ESTATE EBROKER, INC.
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