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5323 Fairfax Ave Oakland, CA, 94601
Neighborhood: Melrose$795,000 $55,000 Commercial for sale Comm Ind For Sale
Improvement Zone and Opportunity Zone. 3 Retail Storefronts located in the upcoming Melrose District. Many upgrades. New Windows and Doors, New Floors, Electrical upgrades in 2 of the units. Separate gas and water meters. Use your imagination great opportunities to create your own business, zoned for live work, or condo conversion. Endless possibilities. Architectural plans approved by health department to convert one of the storefronts from retail to restaurant. New HVAC unit available. Loft in 2 of the units. Metal Roll up Security Gates. Beauty, gift Boutique or Professional Use. All units will be delivered vacant. New Lower price Motivated seller - make an offer. Dont miss this extraordinary chance to acquire a fully remodeled commercial property with condo conversion potential. Whether your a investor looking for a lucrative venture or an entrepreneur seeking a business or live workspace, this property delivers both the comfort and potential that you've bben looking for.
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Property details
2,300 sqft interior area
Land area
2,500 sqft (0.06 acres)
Days on Verhouse
334
Address
5323 Fairfax Ave, Oakland, CA, 94601
City of California
Oakland
County
Alameda
Previous price
$850,000
Year Built
1925
Number of Stories
1
Neighborhood
Melrose
District
Oakland Zip Code 94601
Nearby major retailers
Costco
Public Storage
CVS Pharmacy
Safeway
Trader Joe's
Safeland Super Market
Pet Food Express
Kohl's
7-Eleven
O'Reilly Auto Parts
AT&T
Whole Foods Market
Shell
Petco
TJ Maxx
The Home Depot
T-Mobile
MetroPCS
Ross
Marshalls
Walmart
AutoZone
Chevron
Dollar Tree
GameStop
Verizon Wireless
Pet food express
7-eleven
Supercuts
Chevron Food Mart
GNC
General: 1
Storage rental: 2
Chemist: 1
Supermarket: 5
Greengrocer: 3
Pet: 5
Department store: 8
Convenience: 14
Car parts: 8
Mobile phone: 13
Do it yourself: 2
Variety store: 2
Video games: 1
Hairdresser: 1
Nutrition supplements: 1
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Interior Features
Concrete floors
Property Condition
Exterior-Very Good, Interior-Very Good
Floor Covering
Concrete
Garage & Parking
None
Utilities Included
Electricity Connected, Natural Gas Connected, Separate Meter, All Public
Listed by
Janina Ivester, REAL ESTATE EBROKER, INC.
Name
Janina Ivester
License number
01719061
Brokerage company
REAL ESTATE EBROKER, INC.
MLS #
41030396
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Calculate your monthly payments
Mortgage
$2,441
Taxes
$0
HOA dues
$0
Mortgage
$159,000 / 20%
2.28%
30 years
Your amount
$2,441 / month
Exterior Features
Brick Veneer, Frame construction and more
Construction
Brick Veneer, Frame
Lot details
TMK #3523882
Lot Description
City Lot, Restaurant Nearby
Parcel nr.
3523882
Melrose neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in Melrose
47%
Families with children
National average: 39%
35%
Non family households
365,207
Population
$100,940
Average Income
Age & gender
Median age 37 years
More info
Commute types
71% commute by car
More info
Education level
22% have bachelor education
More info
Number of employees
3% work in education and healthcare
More info
Vehicles available
39% have 1 vehicle
More info
Vehicles by gender
39% have 1 vehicle
More info
Housing market insights for
$867.77k
Neighborhood average
sales price*
sales price*
$755k
Neighborhood median
sales price*
sales price*
583
Number
of sales*
of sales*
Housing type
49% are single detacheds
More info
Rooms
44% of the houses have 4 or 5 rooms
More info
Bedrooms
64% have 2 or 3 bedrooms
More info
Owners vs Renters
53% are renters
More info
14.83 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Price Decrease Aug 16, 2023
Melrose Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| 3 beds | $659k | 100% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Aug 16, 2023 | Price Decrease | $795,000 -6.47% | 0 | MLS #41030396 |
| Jul 5, 2023 | Price Decrease | $850,000 -23.01% | 0 | MLS #41030396 |
| Jun 15, 2023 | New Listing | $1,104,000 | 0 | MLS #41030396 |
Taxes of 5323 Fairfax Ave, Oakland, CA, 94601
C R3 zoning / MLS #41030396
Zoning
C R3
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Frequently Asked Questions about 5323 Fairfax Ave
What is 5323 Fairfax Ave?
5323 Fairfax Ave is a Commercial/Industrial propertywith 2,300 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
5323 Fairfax Ave, Oakland, CA, 94601.
What comparable properties are nearby?
Comparable nearby commercial properties include 5212 E 10th St, 6115 International Blvd, 6160 International Blvd, 5933 Foothill Blvd, 2649 62nd Ave, 1806 41st Ave.
Based on information from the bridgeMLS as of 05-15-2024. 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.
Listing last updated on: Aug 16, 2023
Verhouse Last checked less than a minute ago
The closest grocery stores are Shop Rite, 0.46 miles away and Cardenas Market, 0.61 miles away.
The Melrose neighborhood has a population of 365,207, and 47% of the families have children. The median age is 37.69 years and 71% commute by car. The most popular housing type is "single detached" and 53% is renter.
