5323 Fairfax Ave, Oakland, CA 94601
- $650,000
- 2,800
- SqFt
Listed by Janina Ivester, (510) 390-2554 from REAL ESTATE EBROKER, INC.
(If provided) CoList: from
Sold listing courtesy of Tia Hunnicutt from OBPROXIMAR
- Sold Price
- $650,000
- List Price
- $695,000
- Closing Date
- Jan 03, 2025
- MLS#
- EB41074365
- Status
- SOLD
- Sqft. of Residence
- 2,800
- Lot Size
- 2,800
- Listing Area
- Oakland Zip Code 94601
Property Description
Significant price adjustment- over $100,000 reduction! We've adjusted the price to make this exceptional property an even more attractive opportunity! Three Live / Work Storefronts with Condo Conversion Potential. This is an incredible opportunity to own three versatile Live / Work Storefronts in the vibrant Melrose District of Oakland! Each unit has its own address and separate water and PGE meters. Each unit offers a blend of commercial and residential potential, perfect for entrepreneurs, small businesses or those seeking flexible living spaces. The property is also ideal for condo conversion providing significant investment potential, (buyer to verify with city.) Units have Updated Electrical, remodeled bathrooms, kitchen and windows. Approved permits to build out commercial kitchen in one unit, 2 units ready for retail, artist loft. This property offers a unique opportunity in a growing neighborhood with a wide range of possibilities for future development. Sewer lateral and /sidewalk compliant. In an Opportunity Zone! AS IS!
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Additional Information
- Acres
- 0.06
- Age
- 99
- Cooling System
- Ceiling Fan
- Days On Market
- Unknown
- Exterior Features
- Brick Veneer
- Floor Covering
- Concrete
- Garage Parking
- Other
- Heating System
- Other
- Laundry Facilities
- Other
- Living Area
- 2,800
- Lot Description
- Grade - Level
- Lot Size
- 2,800
- Neighborhood
- Oakland Zip Code 94601
- Numberof Units
- 3
- Roof
- Other
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- View
- Other
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