5323 Fairfax Ave

Oakland, CA 94601

Sold

MLS# 41074365


Property Description

Significant price adjustment- over $100,000 reduction! We've adjusted the price to make this exceptional property an even more attractive opportunity! Three Live / Work Storefronts with Condo Conversion Potential. This is an incredible opportunity to own three versatile Live / Work Storefronts in the vibrant Melrose District of Oakland! Each unit has its own address and separate water and PGE meters. Each unit offers a blend of commercial and residential potential, perfect for entrepreneurs, small businesses or those seeking flexible living spaces. The property is also ideal for condo conversion providing significant investment potential, (buyer to verify with city.) Units have Updated Electrical, remodeled bathrooms, kitchen and windows. Approved permits to build out commercial kitchen in one unit, 2 units ready for retail, artist loft. This property offers a unique opportunity in a growing neighborhood with a wide range of possibilities for future development. Sewer lateral and /sidewalk compliant. In an Opportunity Zone! AS IS!

86 (Very Walkable)

Property Details


Property Type: Multifamily Residential
Property Subtype: Triplex
County: Alameda
Year Built: 1925
Living Area: 2800 sqft
Lot Size: 0.06 Acres
Listing Date: September 25, 2024
Close Date: January 3, 2025
Days on Market: 99
HOA: None
HOA Includes: N/A
HOA Amenities: N/A
Parking: Other,Street Parking
Pool: None
Sold: $650,000
Units
No Data
Buildings
No Data
Parking

Acres
0.06
SqFt
2800
$/SqFt
$248

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Listing Courtesy of Janina Ivester, REAL ESTATE EBROKER, INC.

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Data last updated 2026-03-31 19:41:02.