Request Address If Interested, OAKLAND, CA 94602

Home → Property → 3061 Pleitner Ave, Oakland, CA 94602, USA

3061 Pleitner Ave, Oakland, CA 94602, USA

for sale
$ 877,000.00
RM-3 Development Deal with Approved Plans

3061 Pleitner Ave, Oakland, CA 94602, USA

Wholesale deal under contract ready to assign, please do not contact the listing agent.

Zoned RM-3 | 9,250 sq ft lot

Vacant – Email/Call for Access
Do not contact listing agent
Approved Plans In Place RM-3 Zone On a 9,250 Sq Ft Lot
The Construction Of The Front Two Units 3 Bd 2 Bath, approx 1,200 Sq Ft Each, And Can Be Sold Individually. Completed Value: $1,500,000 ($750,000 each)
Also Included In This Price Are Approved Plans For 3 additional Units:
The Approved Sq Footage For The 3 Additional Units 2,524 Each.
Value of the 3 additional units will be ($925,000) +/- Each. Total Resale Value
Is $2,775,000, They Can Also Be Sold Individually.
HOA Documents Are In The Process Of Being Drawn With Minimal Cost To
The Buyer.
*Potential Total Income If All 5 Units Are Completed
Should Be $4,275,000 +/-

Purchase Price: $865,000

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3065 Monterey Blvd, Oakland, CA 94602, USA

– Wholesale deal under contract ready to assign, please do not contact listing agent

5 bed | 4 bath | 3,416 sq ft | 7,496 sq ft lot

Purchase Price: $1,085,000

Rehab: $150,000

ARV: $1,535,000

Comps:

4190 Laguna Ave, Oakland 3 bed 3 bath 2,481 sqft SOLD $1,600,000 8/21/2020 (931 sq ft smaller)
2959 Burdeck Dr, Oakland 4 bed 2 bath 3,294 sqft SOLD $1,675,000 7/17/2020
22 Woodside Glen Ct, Oakland 4 bed 3 bath 2,841 sqft SOLD $1,450,000 7/28/2020 (575 sq ft smaller)
2980 Jordan Rd, Oakland 4 bed 2 bath 2,183 sqft SOLD $1,535,000 5/21/2020 (1233 sq ft smaller)

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