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5323 Fairfax Ave, Oakland, CA 94601

Triplex

5323 Fairfax Ave, Oakland, CA 94601 Sold January 2025 CRMLS
$650,000Sold January 2025

Listing Agent: Janina Ivester (DRE #01719061) · Listing Office: REAL ESTATE EBROKER, INC. · Contact: 760-722-3222 · Bought with: Tia Hunnicutt · Proxima Realty · MLS #41074365 · Source: CRMLS

0
Bathrooms
2,800 sqft
Lot Size
1925
Year Built
Triplex
Type
SeeRemarks
Heating

About this triplex

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!

Listing description from the January 2025 sale, as reported to CRMLS.

Sale history

$650,000
Sold January 2025 · listed $695,000, orig. $795,000, on market September 2024 · MLS #41074365 · Source: CRMLS
Listing Agent: Janina Ivester · Listing Office: REAL ESTATE EBROKER, INC. · Contact: 760-722-3222 · Bought with: Tia Hunnicutt · Proxima Realty
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