Oakland, CA 94601,5323 Fairfax Ave
Listed by Janina Ivester • REAL ESTATE EBROKER, INC.
Bought with Tia Hunnicutt • Proxima Realty

$650,000

$695,000

6.5%
Est.Price: ?

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Est. payment /mo

2,800 SqFt


SOLD DATE : 01/03/2025

Key Details

Sold Price $650,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $232

MLS Listing ID 41074365

Sold Date 01/03/25

HOA Y/N No

Originating Board Bridge AOR

Year Built 1925

Lot Size 2,800 Sqft

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! AS IS!

Location

State CA

County Alameda

Interior

Heating Other

Cooling Ceiling Fan(s)

Flooring Concrete

Fireplace No

Laundry Other

Exterior

View Other

Building

Lot Description Level

Water Public

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Bay East AOR and Contra Costa AOR

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agent
Paul LeJoy

Broker-Owner | Lic# 01467744

+1(510) 299-0093

34906 Newark Blvd, Newark, CA

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