This property, currently a church, offers incredible potential under its RU-5 Urban Residential zoning. RU-5 zoning supports multi-unit, mid-rise, and high-rise residential development, along with ground-floor neighborhood businesses in key city corridors. Additionally, the S-13 Affordable Housing Combining Zone overlay enhances its appeal by offering incentives for affordable housing projects. These include bonus height allowances, relaxed development standards, and no maximum residential density restrictions for qualifying projects—an attractive alternative to the State Density Bonus Program. This is a unique chance to create impactful development in a convenient location!
Property Details
Price:
$325,000
MLS #:
41083330
Status:
Active
Beds:
0
Baths:
0
Address:
2325 Martin Luther King Jr Way
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
WEST OAKLAND
City:
Oakland
Listed Date:
Jan 23, 2025
State:
CA
Finished Sq Ft:
3,750
ZIP:
94612
Lot Size:
3,750 sqft / 0.09 acres (approx)
Year Built:
1874
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Community
- Address2325 Martin Luther King Jr Way Oakland CA
- SubdivisionWEST OAKLAND
- CityOakland
- CountyAlameda
- Zip Code94612
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2325 Martin Luther King Jr Way
Oakland, CA
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