Exceptional development opportunity in the heart of Oakland! This property comes with approved entitlements from the City of Oakland to demolish the existing four-unit building and construct a six-story, 63-foot tall building featuring 78 residential units and two ground-floor commercial spaces. The project is fully entitled under the By Right Residential Approval Process and qualifies for the State Density Bonus Law, providing four valuable incentives including reduced setbacks, lot area, open space, and ground floor height. Architectural design and full building plans are in place, allowing a developer to step in and move forward without delay. The approved plans call for a well-balanced mix of housing: 20% reserved for moderate-income households, 80% for lower-income households, and one designated manager's unit. The property is zoned Mixed Housing Type Residential (RM-2, S-13 & S-14 Combining Zones) and is strategically located in Oakland's District 3, offering strong demand for both residential and retail. This is a rare, shovel-ready project in a prime urban market ideal for investors, builders, and developers seeking to deliver high-density housing in one of the Bay Area's most dynamic cities.
MLS #
SF425081135
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
21
Kitchen
Varies by Unit
Appliances
Dishwasher, Microwave
Flooring
Tile
Heating
Heating - 2+ Zones
Roof
Tar/Gravel
Style
Unknown
Garage/Parking
Carport, Electric Car Hookup, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
RM-2, S-13, S-14
| # Buildings | # Leased Units | # Total Units | 
|---|---|---|
| 4 | 2 | 4 | 
| Unit # | Sq Ft | Beds | Baths | Rent | 
|---|---|---|---|---|
| 1 | 1,050 | 3 | 2/0 | $2,570 | 
| 2 | 1,050 | 3 | 2/0 | – | 
| 3 | 0 | 3 | 2/0 | – | 
| 4 | 0 | 3 | 1/0 | $3,000 | 
990 34th St is a Residential Income in Oakland, CA 94608. This 4,072 square foot property sits on a 10,752 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $11,000,000 and was built in 1924. This address can also be written as 990 34th St, Oakland, CA 94608.
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This listing information is up-to-date as of October 23, 2025. For the most current information, please contact Sebastian Lopez Serna, (415) 933-4466