990 34th Street, Oakland, CA 94608

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
990 34th Street,Oakland, CA 94608
$11,000,000
  • 12 Beds
  • 7 Baths
  • 4,072 sq. ft.
  • Multi-family
  • Active
Listed by:sebastian lopez serna
Office:compass
MLS#:425081135
Source:CABCREIS

Price summary

  • Price:$11,000,000
  • Price per sq. ft.:$2,701.38

About this home

Exceptional development opportunity in the heart of Oakland! This property comes with approved entitlements from the City of Oakland to demolish the existing four-unit building and construct a six-story, 63-foot tall building featuring 78 residential units and two ground-floor commercial spaces. The project is fully entitled under the By Right Residential Approval Process and qualifies for the State Density Bonus Law, providing four valuable incentives including reduced setbacks, lot area, open space, and ground floor height. Architectural design and full building plans are in place, allowing a developer to step in and move forward without delay. The approved plans call for a well-balanced mix of housing: 20% reserved for moderate-income households, 80% for lower-income households, and one designated manager's unit. The property is zoned Mixed Housing Type Residential (RM-2, S-13 & S-14 Combining Zones) and is strategically located in Oakland's District 3, offering

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Home facts

  • Year built:1924
  • Listing ID #:425081135
  • Added:1 day(s) ago
  • Updated:October 15, 2025 at 03:33 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:7
  • Full bathrooms:7
  • Living area:4,072 sq. ft.

Heating and cooling

  • Heating:Zoned

Structure and exterior

  • Roof:Tar/Gravel
  • Year built:1924
  • Building area:4,072 sq. ft.
  • Lot area:0.25 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$11,000,000
  • Price per sq. ft.:$2,701.38
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