$695,000
Pending

5323 Fairfax Ave

Oakland, CA 94601
Listing OfficeREAL ESTATE EBROKER, INC.
Browse 16 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

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!

  • Property Details
      • Lot DescriptionStreetLevel
    • Measurements
      • Acres0.0643
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1925
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
  • Community and Neighborhood Details
      • CountyAlameda
  • Financial Details
      • Original List Price$795,000
  • Other
      • MLS #41074365

Location

King Realty GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00