990 34th Street Oakland, CA 94608
Listing Courtesy of: San Francisco Association Of Realtors / Compass

  990 34th Street Oakland, CA 94608

Active (14 Days)
$11,000,000 (USD)
12
BED
7
BATH
4,072
SQFT

Description

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 strong demand for both residential and retail. This is a rare, shovel-ready project in a prime urban market ideal for investors, builders, and developers seeking to deliver high-density housing in one of the Bay Area's most dynamic cities.

MLS #:
425081135
Lot Size
0.25 acres
Type
Multifamily
Year Built
1924
Style
Unknown
County
Alameda County

Listed By

Sebastian Lopez Serna, Compass
Source
San Francisco Association Of Realtors
Last checked Oct 28 2025 at 7:30 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 7
Interior Features
  • Microwave
  • Dishwasher
  • Laundry: Common Area
  • Varies by Unit
Lot Information
  • Private
  • Garden
  • Corner Lot
Heating and Cooling
  • Zoned
Flooring
  • Tile
Utility Information
  • Sewer: Public Sewer
Parking
  • Carport
  • Total: 6
  • Electric Vehicle Charging Station(s)
Stories
  • 2
Living Area
  • 4,072 sqft
Location
   
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Estimated Monthly Mortgage Payment

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Disclaimer: Listings on this page identified as belonging to another listing firm are based upon data obtained from SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. Data Last Updated 10/28/25 00:30.