$499,000
 $2,679 est/mo Sourced by Back At You

9809 Macarthur Blvd,Oakland, CA 94605

Oakland, CA 94605

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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.

Details

MLS #41143007
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site40
Listing Provided ByProminent Realty & Funding | Marcin Grobelny

Features

ZoningCN-3
Acreage0.23

Exterior

Lot FeaturesStreet Level

Area Information

StateCA
CountyAlameda
CityOakland
Zip Code94605
Community NameDURANT MANOR
Listing VS Median (in DURANT MANOR)
Price:
$499,000
low | high
Med:
$524,975
44.794589178357% of Average
On site:
40
low | high
Med:
48.5
82.474226804124% of Average
Sourced by Back At You

Market Activity 94605

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Contact

Learn More About This Property

Stephen Jacobs

Stephen Jacobs

Desert Lifestyle Properties

00927784Accredited Buyer Representative, Resort Certification, Green Designated (760) 413-0117stephen@withaph.com
StateCA
CountyAlameda
CityOakland
Zip Code94605
Community NameDURANT MANOR
Listing VS Median (in DURANT MANOR)
Price:
$499,000
low | high
Med:
$524,975
44.794589178357% of Average
On site:
40
low | high
Med:
48.5
82.474226804124% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $374K - $623K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
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Oakland, CA 94603
Listing Updated: August 21, 2026 at 9:48:00 PM PDT

Stephen Jacobs - Desert Lifestyle Properties