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1940 Park Blvd Oakland, CA, 94606
$449,000 $50,000 Land for sale 0.11 acres
Fully approved as a Condominium Building!!! Seller has planning and zoning approval for a ten unit condominium building plus a ground floor commercial for a total of 11 units! Build from the ground up, and since new construction as a rental property is exempt from rent control for 15 years, hold as a rental before selling as condominiums!! No podium parking needed. Fantastic location East of Lake Merritt! Easy access to shopping, restaurants, and the magnificent walking trail around the jewel of Oakland, Lake Merritt!
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Property details
4,806 sqft interior area
Land area
4,806 sqft (0.11 acres)
Price per sqft
$93/sqft
Days on Verhouse
106
Address
1940 Park Blvd, Oakland, CA, 94606
City of California
Oakland
County
Alameda
Previous price
$499,000
District
Listing
Zoning
R
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Listed by
Daniel Winkler, Winkler Real Estate Group
Name
Daniel Winkler
License number
01090765
Brokerage company
Winkler Real Estate Group
MLS #
41047503
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Calculate your monthly payments
Mortgage
$1,379
Taxes
$0
HOA dues
$0
Mortgage
$89,800 / 20%
2.28%
30 years
Your amount
$1,379 / month
Lot details
TMK #2127717
Lot Description
Premium Lot, Mostly Level
Parcel #
2127717
94606 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94606
42%
Families with children
National average: 39%
49%
Non family households
389,515
Population
$115,441
Average Income
Age & gender
Median age 38 years
More info
Commute types
56% commute by car
More info
Education level
30% have bachelor education
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Number of employees
2% work in management
More info
Vehicles available
45% have 1 vehicle
More info
Vehicles by gender
45% have 1 vehicle
More info
Housing market insights for
$1.15m
Neighborhood average
sales price*
sales price*
$912.18k
Neighborhood median
sales price*
sales price*
709
Number
of sales*
of sales*
Housing type
34% are single detacheds
More info
Rooms
35% of the houses have 4 or 5 rooms
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Bedrooms
52% have 2 or 3 bedrooms
More info
Owners vs Renters
62% are renters
More info
15 / 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
Utilities
Water/Sewer See Remarks, None
Utilities
Water/Sewer See Remarks, None
Location Details, Documents & Disclosures
—
Directions to property
Park Blvd to 20th
Price history
Price Decrease Mar 12, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 12, 2024 | Price Decrease | $449,000 -10.02% | 93.42 | MLS #41047503 |
| Jan 14, 2024 | New Listing | $499,000 -9.11% | 103.83 | MLS #41047503 |
| Dec 25, 2023 | Unavailable | $549,000 | 0 | MLS #41021929 |
| Aug 8, 2023 | Price Decrease | $549,000 -8.35% | 114.23 | MLS #41021929 |
| Jun 16, 2023 | Price Decrease | $599,000 -7.7% | 124.64 | MLS #41021929 |
| Mar 18, 2023 | New Listing | $649,000 | 135.04 | MLS #41021929 |
| Jan 24, 2023 | Unavailable | $649,000 | 0 | MLS #40983880 |
| Jun 18, 2022 | Price Decrease | $649,000 -7.15% | 135.04 | MLS #40983880 |
| Apr 22, 2022 | Price Decrease | $699,000 -30.03% | 145.44 | MLS #40983880 |
| Mar 8, 2022 | New Listing | $999,000 +25.03% | 207.87 | MLS #40983880 |
| Jul 24, 2021 | Unavailable | $799,000 | 166.74 | MLS #40931669 |
| Feb 5, 2021 | Price Decrease | $799,000 -9.2% | 166.74 | MLS #40931669 |
| Dec 10, 2020 | New Listing | $880,000 | 183.64 | MLS #40931669 |
| Oct 13, 2020 | Unavailable | $880,000 | 183.64 | MLS #40891126 |
| Aug 23, 2020 | Price Decrease | $880,000 -48.08% | 183.64 | MLS #40891126 |
| Dec 23, 2019 | New Listing | $1,695,000 +192.24% | 353.71 | MLS #40891126 |
| Oct 23, 2019 | Sold | $580,000 | 121.04 | Public Record |
| Oct 23, 2019 | Price Decrease | $580,000 -3.17% | 121.04 | MLS #40812502 |
| May 18, 2018 | Under contract | $599,000 | 125 | MLS #40812502 |
| Mar 3, 2018 | New Listing | $599,000 | 125 | MLS #40812502 |
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Frequently Asked Questions about 1940 Park Blvd
What is 1940 Park Blvd?
1940 Park Blvd is a lot of 0.11 acres (about is 4,806 sqft).
What is the full address of this Land?
1940 Park Blvd, Oakland, CA, 94606.
Tell me about the point of interest nearby
The closest grocery stores are Lucky, 0.23 miles away and Trader Joe's, 0.73 miles away.
Based on information from the bridgeMLS as of 04-28-2024. 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: Apr 25, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Lucky, 0.23 miles away and Trader Joe's, 0.73 miles away.
The 94606 zip area has a population of 389,515, and 42% of the families have children. The median age is 38.92 years and 56% commute by car. The most popular housing type is "single detached" and 62% is renter.
