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347 E. 18th St
Oakland, CA 94606

$2,750,000 USD

Land For Sale  •  0.23 AC

Property Details

  • Property Type Land
  • Lot Size 0.23 AC
66 Transit Score
93 Walk Score

Description

SUMMARY: Great opportunity to make this project a reality. The property is just a short walk to Lake Merritt, downtown Oakland, BART and a short commute to San Francisco. With the potential tax benefits from being in an Opportunity Zone, this project offers investment appeal. Along with the 3 ground floor commercial retail/office units, the current plans reflect 24-1 bedroom, 1 bath units and 3-3 bedroom, 2 bath residential units.

Highlights

Plans are available for a four-story mixed-use 30 unit building walking distance to Lake Merritt and downtown Oakland
Property situated in Opportunity Zone offering investment tax benefits
Plans call for 3 commercial retail/office units on the ground floor and 27 residential units on the upper floors
Corner lot conveniently located near major transportation corridors and public transit

Public Transportation

Commuter RailDriveWalkDistance
Oakland (Capitol Corridor - Amtrak, Coast Starlight - Amtrak, San Joaquins - Amtrak) 4 min - 1.6 mi
Emeryville (California Zephyr - Capitol Corridor Joint Powers Authority, Capitol Corridor - Capitol Corridor Joint Powers Authority, Coast Starlight - Capitol Corridor Joint Powers Authority, San Joaquins - Capitol Corridor Joint Powers Authority) 10 min - 6.3 mi
Transit/SubwayDriveWalkDistance
Lake Merritt Station (Dublin/Pleasanton - Millbrae - Bay Area Rapid Transit (BART), Fremont - Daly City - Bay Area Rapid Transit (BART), Fremont - Richmond - Bay Area Rapid Transit (BART)) 3 min 18 min 1.0 mi
AirportDriveWalkDistance
Metro Oakland International 14 min - 8.5 mi
San Francisco International 38 min - 25.3 mi
Bruce Chambers 510-451-7197 Western Management Properties
Bruce Chambers 510-451-7197 Western Management Properties