5323 Fairfax Ave

Oakland, CA 94601 $100,000.00 (-12.58%) Pending for $695,000
 


Beds: N/A  Baths:   Structure Size: N/A sqft  Lot Size: 2,800 sqft


Property Facts
MLS 41074365
Year Built 1925
Property Type Triplex
County Alameda
Status Pending
Pending $695,000
Structure Size N/A sqft
Lot Size 2,800 sqft
Beds N/A
Baths

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! AS IS!

Listing information courtesy of: Janina Ivester, REAL ESTATE EBROKER, INC. 510-390-2554. *Based on information from the Association of REALTORS/Multiple Listing as of 11/27/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Location


Walkscore

Very Walkable

87%

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