5323 Fairfax Ave
Oakland, CA 94601
0.06 acres | #41074365
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
- Date ClosedDecember 30, 2024
- Property TypeMulti-Family
- Lot DescriptionStreetLevel
- Sewer InformationPublicSewer
- Original List Price$795,000
- MLS #41074365
- MLS #41074365
- CountyAlameda
- Property SubtypeTriplex
- Acres0.0643
- Cost695000
- Year Built1925
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Janina Ivester (#BMLS-R01719061)
Listing Office: REAL ESTATE EBROKER, INC. (#BMLS-OBOFREBI)
Listing Courtesy (Buyer)
Buyer's Agent: Tia Hunnicutt (#BMLS-R01840070)
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.
