$240,000
$295,000
18.6%For more information regarding the value of a property, please contact us for a free consultation.
2325 Martin Luther King Jr Way Oakland, CA 94612
3,750 SqFt
Key Details
Sold Price $240,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $64
Subdivision West Oakland
MLS Listing ID 41083330
Sold Date 03/20/25
HOA Y/N No
Year Built 1874
Lot Size 3,750 Sqft
Property Sub-Type Single Family Residence
Property Description
This property, currently a church, offers incredible potential under its RU-5 Urban Residential zoning. RU-5 zoning supports multi-unit, mid-rise, and high-rise residential development, along with ground-floor neighborhood businesses in key city corridors. Additionally, the S-13 Affordable Housing Combining Zone overlay enhances its appeal by offering incentives for affordable housing projects. These include bonus height allowances, relaxed development standards, and no maximum residential density restrictions for qualifying projects—an attractive alternative to the State Density Bonus Program. This is a unique chance to create impactful development in a convenient location!
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling See Remarks
Flooring Carpet
Fireplaces Type None
Fireplace No
Exterior
Parking Features None
Pool None
Attached Garage No
Private Pool No
Building
Story One
Entry Level One
Sewer Public Sewer
Level or Stories One
New Construction No
Others
Tax ID 86631
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Hansen Li • BQ Group Inc
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