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Sold for $650,000 on 01/03/25
  • $650,000

    5323 Fairfax Ave, Oakland, CA 94601

    --beds
    --baths
    2,800sqft
    Triplex
    Built in 1925
    -- sqft lot
    $628,900 Zestimate®
    $232/sqft
    $2,072 Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: January 06, 2025 at 02:32pm

    Listed by:

    Janina Ivester DRE #01719061 510-390-2554,

    REAL ESTATE EBROKER, INC.

    Bought with:

    Tia Hunnicutt, DRE #01840070

    Proxima Realty

    Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41074365MLS Logo

    Facts & features

    Interior

    Heating
    • Other
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Laundry: Other
    Features
    • Updated Baths, Updated Kitchen, Shower Stall(s)
    • Flooring: Concrete
    • Basement: None
    Interior area
    • Total structure area: 2,800
    • Total interior livable area: 2,800 sqft

    Property

    Parking
    • Parking features: Other, Street Parking
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Doors, Accessible Full Bath, Accessible Kitchen
    Features
    • Exterior features: No Yard
    • Has view: Yes
    • View description: Other
    Lot
    • Size: 2,613 sqft
    • Features: Level
    Details
    • Parcel number: 3523882
    • Special conditions: Offer As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Brick Veneer, Glass
    Condition
    • Year built: 1925

    Utilities & green energy

    • Electric: No Solar
    • Utilities for property: All Public Utilities, Individual Electric Meter, Individual Gas Meter

    Community & neighborhood

    Security
    • Security features: Security Gate
    Location
    • Region: Oakland

    Other

    Other facts
    • Listing terms: Cash,Conventional,Price As Is,Call Listing Agent,Creative
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $628,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $628,900