5323 Fairfax Ave

Oakland, CA 94601

PRICE REDUCED

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-$100,000 (-12.58%)

$695,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1925

calendar_month Built

Property Description

Significant price adjustment- over $100,000 reduction! We've adjusted the price to make this exceptional property an even more attractive opportunity! Three Live / Work Storefronts with Condo Conversion Potential. This is an incredible opportunity to own three versatile Live / Work Storefronts in the vibrant Melrose District of Oakland! Each unit has its own address and separate water and PGE meters. Each unit offers a blend of commercial and residential potential, perfect for entrepreneurs, small businesses or those seeking flexible living spaces. The property is also ideal for condo conversion providing significant investment potential, (buyer to verify with city.) Units have Updated Electrical, remodeled bathrooms, kitchen and windows. Approved permits to build out commercial kitchen in one unit, 2 units ready for retail, artist loft. This property offers a unique opportunity in a growing neighborhood with a wide range of possibilities for future development. Sewer lateral and /sidewalk compliant. In an Opportunity Zone!

Listing Information

List Price $695,000
Status Active
MLS 41074365
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1925
Lot Size 2,800
Structure Size N/A
DOM 36
Courtesy Of REAL ESTATE EBROKER, INC.
Listing Agent Janina Ivester DRE#01719061

Interior Features

Total Bedroom
Bedrooms N/A
Flooring Information
Material Concrete

Exterior Information

Maps

Listing information courtesy of: Janina Ivester, REAL ESTATE EBROKER, INC. 510-390-2554. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 31st, 2024 at 9:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.