Property Description

Exceptional Urban Infill Opportunity in Oakland's Pill Hill / Uptown North corridor. Situated at 451 28th St, this prime 11,620 SF parcel features rare dual-street frontage, offering superior architectural efficiency, streamlined parking ingress/egress, and ideal staging. Established municipal precedent with previously approved plans for a 54-unit multifamily development, with a viable path to expand up to 72 condo/apartment units under CA State Density Bonus & current housing laws. Extensive predevelopment data room available, including preliminary architectural drawings, structural concepts, and technical due diligence-saving substantial carrying costs, soft expenditures, and entitlement runway. Transit-rich location just blocks to Alta Bates Summit Medical Center, Telegraph Ave, Broadway corridor, and 19th St BART. Offered at $4,600,000. Full project files & environmental reports available upon request. Buyer to verify current zoning, re-entitlement requirements, and development capacity with the City.

Property Features