451 28th St.

40 Unit Development Opportunity | Approved Plans for 40 Unit Building

Multifamily
Address
451 28th St.
Bedrooms
75
Bathrooms
70
Parking
43
Listing Status
Active
List Price
$4,200,000
Listing provided courtesy of:
Agent
Danny | Kira | Harry
Last Updated
1 day ago

Please email for a full marketing memorandum and disclosure package

451 28th Street is a mixed-use multi-family development site that has been approved for a 40 unit residential building with one commercial unit and located on a flat site ideal for development. Designed by well-regarded local firm Winder Gibson Architects, the approved plans are for a thoughtfully crafted building featuring attractive layouts for future residents and innovative design. The property provides a unique opportunity for developers and investors to acquire a quality transit-oriented development site in a neighborhood that is poised for incredible growth in the next few years.

The site is located in heart of the Historic Broadway Auto Row redevelopment district. The Broadway Valdez redevelopment is a re-imagined 21st century neighborhood that will be home to retail, dining, entertainment and medical opportunities. It is envisioned as a retail destination for Oakland residents and the broader East Bay, with housing, generous sidewalks and plazas, and active storefronts, in a mix of reused historic buildings and new architecture.

The property provides easy access to the 580, 980 and Highway 24 as well as the Uptown Transit Center, an important transportation hub serving BART as well as 6 major AC Bus Transit lines. The site offers commuters and residents access to San Francisco, Berkeley, Oakland, major airports and almost anywhere in the Bay Area. The Historic Broadway Auto Row is surrounded by some of Oakland’s most vibrant areas. Bordered by Temescal, Pill Hill, Uptown, the Art Murmur Gallery District and Lake Merritt, the site will appeal to residents from many walks of life.

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