Property Overview:
2307 Seminary Ave is a single-family home in Oakland, CA 94605, built in 1919. The home offers 2 bedrooms, 1 bathroom, and 1,021 sq. ft. of living space on a 10,500 sq. ft. lot. The property is currently rented and features ample parking at the back. The estimated home value is $551,920 (per Redfin), with a rental estimate between $2,460 and $3,091 per month.
Neighborhood Highlights:
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Schools:
Nearby schools include East Oakland Leadership Academy, Greenleaf Elementary School, and Alternatives In Action. -
Shopping & Dining:
Close to ShopRite, Seminary Market, Handy Corner Market, Caffe Nonna, Luis’s Coffee Shop, Sydewayz Cafe, Cafe La Fong’s, Dogtown Sausage, and Souls Restaurant. -
Recreation:
Near Rainbow Recreation Center, Concordia Park, and Greeman Recreation Area. -
Transportation:
Centrally located near the 580 Freeway, with easy access to schools, shops, and restaurants.
Property Features:
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Renovated Home:
- New vinyl flooring
- Dual-pane windows
- Updated kitchen and formal dining area
- Modernized bathroom
- Bonus room and laundry room
- Fresh paint (interior & exterior)
- New fence
- Long driveway for multiple vehicles
- Charming front porch
- Large, low-maintenance yard
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Lot & Zoning:
- Huge 10,500 sq. ft. lot (approx. 0.24 acres)
- Zoned RM-4 (per Oakland Zoning Map)
- Development Potential:
- Subdivide into 2 lots and build two fourplexes with 2 ADUs per lot
- Alternative: Build 9 multi-unit apartments plus 2 ADUs (attached or detached)
- Plenty of parking
- Income opportunity: Continue to collect rent from current tenant while developing the back area
Investment & Development Opportunities:
- Ideal for small developers, contractors, or investors
- Multiple building options: Fourplexes, triplexes, duplexes, or multi-unit apartments with ADUs
- Sold “as is” with no contingency
- Immediate rental income from existing tenant
Location Benefits:
- Convenient access to major freeways (580)
- Close to schools, shopping, dining, and recreation
- Potential for significant value-add through development
- Open house opportunities for viewing