Property Detail
Description
This is a prime covered land development opportunity located at 1901 Park Blvd in Oakland, CA 94606. The highly visible site offers flexible development potential, with plans for either a 12-condominium or 23-condominium building, featuring 3,664 square feet of flexible retail space, over 3,000 square feet of rooftop lounge, and 5,346 square feet of parking garage space. The 23-condominium plan will be entitled by June 30, 2025, with AH impact fees exempted due to the inclusion of two affordable units. The seller has also paid over $400,000 on engineering designs, which are ready to be submitted for building permits. If the buyer prefers to utilize the land for other business purposes and wants to add an underground garage (currently approved at 5,346 square feet), the seller offers to cover the demolition, excavation, disposal costs, which are quoted at over $1,000,000 in value (the buyer will be responsible for pouring the concrete). In any case, the seller offers to clean up the site and complete the agency-approved remediation before handing the land over to the buyer. These flexible offerings present a rare opportunity to secure a centrally located, entitlement-advantaged property with substantial cost savings and development upside.
Map Location
Listing provided courtesy of Ken Wu of Compass. Last updated 2025-06-18 08:42:37.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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