See all 21 photos
21 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,950,000
Est. payment /mo
5,623 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Ashland
MLS Listing ID 41125984
HOA Y/N No
Year Built 1910
Lot Size 5,623 Sqft
Property Sub-Type Duplex
Property Description
Prime commercial investment opportunity featuring two adjoining parcels zoned District Commercial in a high-visibility location next to a shopping strip and directly across from Walmart. The first parcel (15540 & 15542) includes a 3/2 baths single-family home in front and a rear structure with two 1/1 baths units. The second parcel (15548) features offices/rooms, 2 baths office/retail building, currently used as a kitchen and bathroom showroom with storage. Excellent income potential with strong redevelopment upside. District Commercial zoning allows a wide range of uses including retail, office, coffee shop, art studio, medical services, personal services, daycare, and more. Potential to develop up to a 5-story (approx. 75 ft) building with Conditional Use Permit. Value primarily in the land. Opportunity for investors with huge options for development. Interested party to verify development possibilities with Alameda County Planning Department.
Location
State CA
County Alameda
Interior
Heating See Remarks
Flooring Laminate, Tile
Fireplace No
Exterior
Parking Features Garage, Guest, Other, On Street
View Y/N Yes
View City Lights
Roof Type Shingle,Tar/Gravel
Total Parking Spaces 2
Building
Lot Description Back Yard, Front Yard, Street Level, Yard
Others
Tax ID 4131113
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Read Less Info
Listed by Darron Tang GOLDEN WEST REAL ESTATE #00170365
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
Let’s Talk About Your Real Estate Goals
