$499,000

9809 Macarthur Blvd, Oakland, CA 94605

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon10,014sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

PRIME DUAL-PARCEL DEVELOPMENT OPPORTUNITY IN OAKLAND! Exceptional flexibility and investment potential on a high-visibility MacArthur Blvd transit corridor. Offered at $499,000 across two level, contiguous lots (~10,014 SF total; APNs 046-5490-003-00 & 046-5490-004-00), this site features two distinct, city-reviewed project paths for non-profit and private market-rate developers. OPTION 1: DENSE AFFORDABLE / SUPPORTIVE HOUSING (49 UNITS) Leverage approved 2023 design review plans under CA AB 2162 ministerial, by-right streamlining. Plans specify a 6-story, 37,361 GSF podium building featuring 49 total units (48 studios + 1 manager unit), 7,450 SF of ground-floor supportive/common service space, and 23 garage parking spaces. Unbeatable acquisition land basis of ~$10,183/door and $13.36/buildable GSF, making it highly competitive for LIHTC non-profit tax credit funding. OPTION 2: PRIVATE / MARKET-RATE INFILL (8 UNITS + COMMERCIAL) For traditional builders seeking simpler construction, the site previously received Development Permit approval (PLN19039) for a 3-story mixed-use project featuring 8 residential townhomes (19,125 SF total) and 1,200 SF of ground-floor retail.

Listing Status:
Active
Date Added:
July 27, 2026
Data Last Updated:
October 9, 2026 at 3:17AM
Listing Office:
Prominent Realty & Funding : 925-408-0682
Listing Agent:
Marcin Grobelny : 925-408-0682
MLS ID:
41143007
  • Parking: Parking spaces: 0
  • Originating MLS: CRMLS_CCBE
  • County: Alameda
  • Zoning: CN-34654903
  • Source: CRMLS_CCBE

This listing courtesy of Marcin Grobelny , Prominent Realty & Funding

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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