Oakland, CA 94608

$1,050,000

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Listed by Maurice Harold, (510) 928-0884 from Capital Property Brokers
(If provided) CoList: from

List Price
$1,050,000
MLS#
BE41119275
Status
CONTINGENT
Lot Size
4,725
Listing Area
Oakland Zip Code 94608
Year Built
1977

Property Description

Exceptional mixed-use investment opportunity located in a highly desirable pocket of North Oakland on the Emeryville border. This property offers immediate income with significant upside potential under its R-4 zoning, ideal for investors, developers, or owner-users seeking long-term value. The property includes a street-front liquor store currently occupied by a month-to-month tenant who is interested in remaining and entering into a new lease. Liquor license is not included in the sale. This provides flexibility for a buyer to renegotiate lease terms or reposition the commercial space. In addition, the property features a separately addressed, fully remodeled residential home at 950 59th Street, delivered vacant. The home is a 3-bedroom, 2.5-bath residence, completely renovated in 2025, offering modern finishes, updated systems, and turnkey condition-perfect for owner occupancy or premium rental income. Situated in a pristine location with strong neighborhood appeal, close to Emeryville, major freeways, shopping, dining, and employment hubs. The R-4 zoning presents excellent future development potential, making this an ideal opportunity for those looking to maximize density or explore redevelopment options (buyer to verify). A rare chance to acquire a versatile property

Additional Information

Acres
0.11
Amenities
Display Window
Exterior Features
Masonry
Floor Covering
Linoleum, Hardwood
Lot Size
4,725
Neighborhood
Oakland Zip Code 94608
Roof
Composition
Unincorporated Yn
Yes
Zoning
RM-4

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