578 7th Street Oakland, CA 94607

Other Residential MLS #: 41087981 Courtesy Of TCGOB, Inc

$1,980,000

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Estimated monthly payments: $8,655/mo.* (recalculate)

Property InformationDescription

Entitled development site in downtown s Old Oakland neighborhood: build this architecturally rich modern 32,250 square foot, five-story building designed by world renowned architect Stanley Saitowitz of Natoma Architects. Plans included for the approved 56 residential units, with an approval extension until January 31, 2028. Another option: remodel this former restaurant and market space back into a gourmet eatery in the heart of the City. Desirable Old Oakland offers thriving community businesses, top-rated restaurants, and easy access to the rest of the East Bay, San Francisco, and beyond. Minutes to Jack London Square, Lake Merritt, Downtown, Laney College and both State and Federal Buildings. Accessible to public transit including BART, Ferry, Amtrak, both 880 & 980 freeways, and multiple parking garages and plentiful street parking. This exciting project is nearly shovel-ready and waiting for you to take it over the finish line! Inquire for pricing & disclsoures Property Features: Current Building Area: 5,982 square feet of floor area* Lot Area: 7,501 square feet* Year Built: 1923 Zoning: D-DT-CX, S-14, S-13 (Base Height and Intensity Area 8) Existing Use: Commercial restaurant and market space Approved for 56 residential units (41 market rate and 15 moderate rate affordable rental) Architect: Stanley Saitowitz - Natoma Architects Inc. Planning Entitlement Expiration: January 31, 2028 Proposed Building Square Feet: 32,250 Proposed # of Stories: 5-stories Approved for 56 Units (41 market rate and 15 moderate rate affordable rental residential units) Architectural plans by Stanley Saitowitz of Natoma Architects Inc. have been approved by City of Oakland Planning Department.** Building Permit submitted *Per survey **Buyer to perform due diligence to their satisfaction. Broker is relying on information provided by seller.

Features

  • Architecture Style: Other

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578 7th Street, Oakland, CA 94607
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School Information

578 7th Street, Oakland, CA 94607

Elementary School
Grades KG-5 | Public School
LINCOLN ELEMENTARY SCHOOL
Oakland, CA 94607
225 11th St
510.­874.3372
Distance: 0.5 mi
School Rating
A-
Student:Teacher Ratio
25:1
Total Students
738
Middle School
Grades 6-8 | Public School
WESTLAKE MIDDLE SCHOOL
Oakland, CA 94612
2629 Harrison St
510.­879.2130
Distance: 1.3 mi
School Rating
D-
Student:Teacher Ratio
12:1
Total Students
304
High School
Grades 9-12 | Public School
OAKLAND TECHNICAL HIGH SCHOOL
Oakland, CA 94611
4351 Broadway
510.­450.5400
Distance: 2.5 mi
School Rating
B+
Student:Teacher Ratio
20:1
Total Students
1961
Other Nearby Schools Distance Type Grades School Rating
Lambo Academy International 0.3 mi Private 9-12
Martin Luther King Jr. Elementary School 0.5 mi Public PK-3 D
Lafayette Elementary School 0.5 mi Public 4-5
Civicorps Corpsmember Academy 0.5 mi Public 9-12
Lambo Academy International 0.5 mi Private 9-12
Envision Academy For Arts & Technology 0.5 mi Public 6-12 C
St Vincent's Day Home 0.6 mi Private PK-KG
West Oakland Middle School 0.6 mi Public 6-8 D
Ralph J. Bunche High School 0.6 mi Public 9-12 D+
Oakland School For The Arts 0.6 mi Public 6-12 B+
Starlite Child Development Center 0.6 mi Private PK-TKG
American Indian Public Charter 0.6 mi Public 6-8 B-
American Indian Public Charter Ii 0.6 mi Public KG-8 B+
Kipp Bridge Academy 0.6 mi Public KG-8 C+
Gateway To College At Laney College 0.8 mi Public 9-12 C
Home And Hospital Program 0.8 mi Public KG-12
Young Adult Program 0.8 mi Public 12
Dewey Academy 1.1 mi Public 9-12 D-
La Escuelita School 1.1 mi Public KG-8 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Oakland, CA 94607

Median Age: 39.3
Married: 23%
Number of Households: 12,980
Households with Children: 17%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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