990 34th ST Oakland, CA 94608 Price Dropped by $500K

UPDATED: 12/19/2025 10:44 PM ON SITE: 84 days on site

$10,500,000

4,072 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,072 sqft

Price per Sqft $2,578

MLS Listing ID 425081135

Style Unknown

HOA Y/N No

Year Built 1924

Lot Size 10,752 Sqft

Acres 0.2468

Property Sub-Type Mixed Use

Property Description

Rare opportunity to acquire an entitled development site in Oakland's Opportunity Zone with city approvals in place, including approved architectural design and building plans for a thoughtfully planned multi-unit residential project. The approved plans were designed with efficiency and modern construction methods in mind, including compatibility with prefab construction systems, union labor requirements, and standard municipal inspection protocols, offering a streamlined path from acquisition to development. Located within a vibrant and well-established Oakland neighborhood, the site benefits from proximity to public transportation, neighborhood retail, community services, and nearby residential hubs. The surrounding area continues to see strong housing demand driven by its connectivity to Downtown Oakland and convenient access to San Francisco and the greater Bay Area. The community offers a balanced mix of urban convenience and neighborhood character, with nearby parks, local businesses, and essential amenities supporting long-term livability. The location also provides access to major transit corridors, making it attractive for residents seeking mobility without sacrificing affordability. Situated within an Opportunity Zone, the property may offer additional considerations for long-term investors and developers, subject to buyer's independent verification. Buyers are advised to independently confirm zoning, entitlements, development potential, construction costs, and eligibility for any local, state, or federal programs or incentives. A compelling, fully entitled development opportunity in one of Oakland's evolving residential corridors, ready for a buyer seeking scale, approvals in place, and a strong community foundation.