473 Crescent St, Oakland, CA 94610

$799,000
3
BD
2
BA
2,580
SqFt

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Listed by Erik Mitlo, (510) 754-2163 from Vetted Real Estate
(If provided) CoList: David Wilhite from Vetted Real Estate

List Price
$799,000
MLS#
BE41151098
Status
ACTIVE
Levels
Two Story
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
1
Partial Bathrooms
1
Sqft. of Residence
2,580
Lot Size
6,624
Listing Area
Oakland Zip Code 94610
Year Built
1925

Property Description

Exceptional opportunity in Oakland's desirable Lakeshore neighborhood! Built in 1925, this distinctive two-story residence offers 3 bedrooms, 1.5 bathrooms, and approximately 2,580 sq. ft. of living space (per assessor) on a generous 6,624 sq. ft. lot. Conveniently located near Lake Merritt, the Grand Lake district, shopping, dining, and neighborhood amenities, this property presents an exciting opportunity for homeowners, renovation investors, and developers alike. The residence requires significant renovation, offering the chance to restore and reimagine a classic Oakland home. Beyond its residential appeal, the property's RU-3/S-13 zoning presents intriguing development possibilities. Preliminary zoning analysis suggests a theoretical base density of approximately 14 residential units, with potential additional incentives for qualifying affordable housing developments. Alternatively, buyers may explore retaining and renovating the existing residence while adding accessory dwelling units (ADUs), potentially creating a multi-unit residential investment. The property's size, location, and zoning flexibility offer a compelling opportunity to explore multiple investment strategies. All development possibilities are conceptual and subject to zoning regulations, historic preservation

Additional Information

Acres
0.15
Bathroom Features
46
Cooling System
None
Days On Market
Unknown
Exterior Features
Brick
Fireplace Description
Brick
Floor Covering
Hardwood
Foundation
Post and Pier
Garage Parking
No Garage, Access - Side Yard
Heating System
Other
Laundry Facilities
Hookups Only
Levels
Two Story
Living Area
2,580
Lot Description
Other, Regular
Lot Size
6,624
Neighborhood
Oakland Zip Code 94610
Other Rooms
None, Basement - Full
Pool Description
Pool - No, None
Roof
Composition
Style
Craftsman, Custom
Unincorporated Yn
Yes
View
Other

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