9809 Macarthur Blvd

Oakland, CA 94605
$1,250,000
Courtesy of The Pinza Group, Inc

Description

49-unit, fully entitled, 100% affordable housing development project, eligible for state grant funding to finance the development. Seller financing is available with excellent terms! The approved project is for a 10,014 square foot flat lot with plans for a 37,360 square foot building offering 18,020 square feet of residential rental space, 7,500 square feet of supportive space, 11,825 square feet of common area space, and 23 street-level parking spaces. The proposed project will cover two parcels (046-5490-003 and 046-5490-004) with a 60-foot height limit and is zoned Neighborhood Center Mixed Use/CN-3. Amenities for the building include an entry lobby, exercise rooms, medical rooms, community conference room for up to 40 people, a computer lab, laundry rooms on each floor, an open-air deck, TV social lounge, bike storage areas, dog washing areas, and case management offices.

  • Property Details
      • Acres:0.2299
      • Property type:Purchase
      • Sewer information:PublicSewer
      • Utility source:Public
      • County:Alameda
      • Original List Price:$1, 250, 000
      • MLS #:41073247
      • Cost:1250000
      • Property subtype:Land
      • MLS #:41073247

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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