2325 Martin Luther King Jr Way

Oakland, CA 94612

$325,000

List Price

0

bed Beds

shower Baths

3,750 sqft

straighten / sqft

1874

calendar_month Built

Property Description

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!

Listing Information

List Price $325,000
Status Active
MLS 41083330
Type Residential
Subtype Single Family Residence
Year Built 1874
Lot Size 3,750
Structure Size 3,750
DOM 6
Courtesy Of Exp Realty of California Inc.
Listing Agent Roxanne Adams DRE#01418292
Co-Listing Agent Ya Hsuan Yuan DRE#02095714

Interior Features

Flooring Information
Material Carpet
Fireplace Information
Features None
Cooling Type
Cooling Type See Remarks

Exterior Information

Maps

Listing information courtesy of: Roxanne Adams, Ya Hsuan Yuan, Exp Realty of California Inc. 510-815-0356. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 29th, 2025 at 1:38 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.