$325,000
For Sale

2325 Martin Luther King Jr Way

Oakland, CA 94612
3750 sqft | 0.09 acres | #41083330
Listing OfficeExp Realty of California Inc.
Browse 28 photos
Type:Purchase
Structure:House
Zone:Residential

Description

This property, currently a church, offers incredible potential under its RU-5 Urban Residential zoning. RU-5 zoning supports multi-unit, mid-rise, and high-rise residential development, along with ground-floor neighborhood businesses in key city corridors. Additionally, the S-13 Affordable Housing Combining Zone overlay enhances its appeal by offering incentives for affordable housing projects. These include bonus height allowances, relaxed development standards, and no maximum residential density restrictions for qualifying projects—an attractive alternative to the State Density Bonus Program. This is a unique chance to create impactful development in a convenient location!

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • SubdivisionWEST OAKLAND
      • Sewer InformationPublicSewer
      • Property TypePurchase
      • Original List Price$325,000
      • MLS #41083330
      • MLS #41083330
      • CountyAlameda
      • Acres0.0861
      • Cost325000
      • Square Feet3750
      • Year Built1874

Location

Pete & Mona Sayegh | American Classic Real Estate ServicesReal 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
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Loan Amount
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