Prior owner had plans to build a 5-unit apartment or condo development with the 5th unit as a live/work space at the historic Clausen building. That developer already did the heavy construction with only very little interior framing left to do. Fabulous opportunity for another developer to pick up where the work stopped & complete a modern designed apartment building, short term Airbnb or sell off each unit as a condo. Property is located in a prime & energetic neighborhood between Temescal and Rockridge. Walk across the street to visit the Farmers Market every Sunday or stroll down the block to the new Whole Foods Market & acclaimed restaurants on Telegraph Ave. Extremely desirable for commuters looking to live in the Oakland foothills as very close to the HWY 24 freeway entrance. Ideal for developers or real estate investors. All visitors must be accompanied by their agent & view carefully with caution as the site is still considered an ‘under-construction’ zone and a fixer.
Thoughts about this property? Write them down for quick reference the next time you view this property.