Description
Rare Oakland infill development opportunity directly across from Mills College at Northeastern University in the highly desirable Millsmont neighborhood. This property offers a compelling opportunity for investors, builders, LLCs, and developers seeking to create a long-term income-producing asset in one of the Bay Area's supply-constrained housing markets. With potential for a duplex or custom residential development (buyer to verify), the property is strategically positioned near a built-in rental demand driver: University faculty and staff Graduate students, Third and fourth year students approved for off-campus living, East Bay commuters seeking convenient freeway access. The location offers: Immediate proximity to campus Quick access to I-580 and regional transportation Close proximity to BART and AC Transit Minutes to downtown Oakland, Berkeley, and San Francisco access points Nearby parks, hiking trails, recreation, shopping, and dining Build-to-rent opportunities for developable land in established Oakland neighborhoods are becoming increasingly rare. For investors focused on long-term appreciation, rental income, and strategic location fundamentals, this property checks all the boxes.
Details
| MLS # | 41135214 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 105 |
| Listing Provided By | Keller Williams Realty | Mike Hreha |
Features
| Zoning | R |
|---|---|
| Acreage | 0.12 |
Exterior
| Lot Features | Sloped Up |
|---|
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94619 |
| Community Name | MELROSE |
| Listing VS Median (in MELROSE) | |
Price: $250,000 low | high Med: $0 On site: 105 low | high Med: | |
Market Activity 94619
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94619 |
| Community Name | MELROSE |
| Listing VS Median (in MELROSE) | |
Price: $250,000 low | high Med: $0 On site: 105 low | high Med: | |
