Property Overview:
4 lots available in the Prescott/Oakland Point (Lower Bottoms) area, within the Oakland Point Historic District. The lots are zoned HBX-2 (multi-residential, live/work, work/live).
- Two larger lots: 2,000 sq. ft. each, $250K each (located left of 816 Pine St, a Queen Anne duplex).
- Two smaller lots: 750 sq. ft. & 810 sq. ft., $100K each (located right of the Queen Anne duplex).
- Queen Anne duplex: 816 Pine St, $775K, (2) 2-bed/1-bath units, rents: $2,150 & $2,100.
- Recent sales: 808 & 812 Pine St (each 810 sq. ft.) sold together for $143,000 (MLS# 40899711 & 40899722).
- 812 Pine St: Vacant land, built 1893, 750 sq. ft. lot, sold for $143,000 on 05/19/2020.
Neighborhood Highlights:
- Location: Oakland, CA 94607 (Prescott/Oakland Point, Lower Bottoms).
- Zoning: HBX-2 (flexible for multi-residential, live/work, work/live).
- Development: 4.65-acre mixed-use project pending across Pine St.
- Nearby Listings:
- 807 47th St: $650K, 2 units, major rehab, 3,333 sq. ft. lot, RM2 zone.
- 4631 West St: $650K, 1,450 sq. ft. interior, 2,000 sq. ft. lot, RM2 zone.
- Schools:
- Preparatory Literary Academy Of Cultural Excellence
- West Oakland Middle
- McClymonds High
- All rated below average
- Crime:
- 4 criminal and sex offenders within 1 mile.
- Natural Disaster Risk:
- Very high earthquake risk
- Very low tornado risk
- Minimal flood risk
Property Features:
- Multiple possible uses: Optimize for number of residences, live/work, or work/live spaces.
- Historic Queen Anne duplex: Adjacent to available lots.
- Recent new construction nearby:
- Custom-built 3-bed, 2.5-bath electric home
- Energy-efficient HVAC, fully owned solar panels
- Modern finishes: Wood/tile floors, custom glass railings, open-concept design
- Gourmet kitchen: European cabinetry, high-end appliances
- Outdoor spaces: Front and rear, ideal for entertaining
Location Benefits:
- Convenient access to:
- Freeways
- West Oakland BART Station
- Emeryville Bay Street shopping
- Prescott Market Hall
- San Francisco’s Central Business District
- UC Berkeley
- Strong potential for growth with new mixed-use development and flexible zoning.
- Ideal for investors, developers, or owner-occupants seeking multi-residential or live/work opportunities in a rapidly developing area.