812 Lisbon Ave, Oakland, California 94601

$1,199,000

Property Type

Commercial Sale

City

Oakland

Status

Active

DEVELOPMENT OPPORTUNITY -- THREE CONTIGUOUS OAKLAND PARCELS totaling approximately 0.32 acres, currently zoned RM-3/S-13, with significant redevelopment potential and potentially much greater residential density under Oakland's affordable/senior-housing programs and applicable California housing laws. These continuous properties create a Large Footprint big enough to potentially build a substantial high-density affordable/senior housing development. Oakland is currently behind in construction of State-Mandated housing, so there may be additional benefits. PURCHASED TOGETHER - These Adjoining Properties Cover 8th Street between Lisbon Ave and Portwood Ave. PURCHASED ALONE - 812 Lisbon is a UNIQUE LIVE/WORK DUPLEX WITH ATTACHED WAREHOUSE-WORKSHOP (2,300 SF) in Oakland's JingleTown. This rare, versatile property offers the ultimate opportunity for home buyers or investors seeking a Spacious Live/Work Lifestyle in the heart of the San Francisco Bay Area. This Duplex features two units: a Bright 2-bedroom, 1-bath Upstairs and a Roomy 1-bedroom, 1-bath Downstairs - each boasting over 900 SF of well-maintained space with beautiful, nearly-new hardwood flooring. The property includes an attached 2,500 SF WORKSHOP — ideal for a variety of business ventures or as an income-generating rental. With its own Bathroom and Shower, this versatile space is perfect for Warehouse, Art Studio, or workshop needs. Live close to your business or rent out the workshop to maximize income potential. Nestled in Oakland’s unique Jingle Town - Near Alameda - this friendly, close-knit neighborhood exudes community charm, with 90% of residents being families. TOP-RATED LAZEAR CHARTER ACADEMY is just a block away, and a complete shopping center—featuring a grocery store, restaurants, Starbucks, banks, and more — is a short two-blocks away, making daily errands a breeze. Convenience abounds with easy access to public transportation, BART and AC Transit, plus HWY 880.