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Listed by Vetted Real Estate
$ 799,000
Est. payment /mo
New
473 Crescent St Oakland, CA 94610
3 Beds
2 Baths
2,580 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,580 sqft
Price per Sqft $309
Subdivision Grand Lake
MLS Listing ID 41151098
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1925
Lot Size 6,624 Sqft
Property Sub-Type Detached
Source BAY EAST
Property Description
Exceptional opportunity in Oakland's desirable Lakeshore neighborhood! Built in 1925, this distinctive two-story residence offers 3 bedrooms, 1.5 bathrooms, and approximately 2,580 sq. ft. of living space (per assessor) on a generous 6,624 sq. ft. lot. Conveniently located near Lake Merritt, the Grand Lake district, shopping, dining, and neighborhood amenities, this property presents an exciting opportunity for homeowners, renovation investors, and developers alike. The residence requires significant renovation, offering the chance to restore and reimagine a classic Oakland home. Beyond its residential appeal, the property's RU-3/S-13 zoning presents intriguing development possibilities. Preliminary zoning analysis suggests a theoretical base density of approximately 14 residential units, with potential additional incentives for qualifying affordable housing developments. Alternatively, buyers may explore retaining and renovating the existing residence while adding accessory dwelling units (ADUs), potentially creating a multi-unit residential investment. The property's size, location, and zoning flexibility offer a compelling opportunity to explore multiple investment strategies. All development possibilities are conceptual and subject to zoning regulations, historic preservation considerations, City of Oakland review, permitting, and buyer verification. Offered at $799,000. Probate sale. Property is vacant and available for immediate showing. Bring your vision and explore the possibilities!
Location
State CA
County Alameda
Interior
Heating Other
Cooling None
Flooring Hardwood
Fireplaces Number 1
Fireplaces Type Brick
Fireplace Yes
Laundry Hookups Only
Exterior
Pool None
View Other, None
Private Pool false
Building
Lot Description Rectangular Lot, Other
Story 2
Foundation Pillar/Post/Pier, Concrete Perimeter
Water Public
Architectural Style Craftsman, Custom