5323 Fairfax Avenue

Oakland, CA 94601

$795,000
Price
Beds
2,800 Sq. Ft.
$284 / Sq. Ft.
2,800
Sq. Ft.
$284
per Sq. Ft.

Description

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...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!
  1. Listed by Janina Ivester • DRE #01719061 • REAL ESTATE EBROKER, INC.

Property Details for 5323 Fairfax Avenue

City
OAKLAND
Building Type
TRIPLEX
Property Sub Type
TRIPLEX
Garage/Parking
Other
View
Other
Park Spaces Total
0
LISTING UPDATED: 10/02/2024 01:24 AM

Property Details for 5323 Fairfax Avenue

StatusActive
MLS #41074365
Days on Compass28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1925
Lot Size0.06 AC / 2,800 SF
CountyAlameda County

Building Information for 5323 Fairfax Avenue

Stories-Residences3Year Built1925Building Size-Lot Size0.06 AC / 2,800 SF

Property Information for 5323 Fairfax Avenue

Features
Feature Details
  • Flooring: Concrete Slab
  • Laundry: Other
  • Disability Features: Accessible Doors, Accessible Full Bath, Accessible Kitchen
Utility Details
  • Cooling: Ceiling Fan(s)
  • Heating: Other Heat
  • Water/Sewer: Sewer System - Public, Water - Public
  • Solar: None
Lot / Property Details
Property Details
  • Additional Equipment: Security Gate, All Public Utilities, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Brick Veneer, Glass
  • Lot Description: Level
  • Lot Sq Ft Apx: 2800
  • Lot Size Square Feet: 2800.0
  • Roof: Other
  • Sq Ft Apx: 2800
  • Yard Description: No Yard
  • Year Built: 1925
  • Acres: 0.06
Location Details
  • Directions to Property: High St. to Fairfax Ave.
  • FIPS Code: 06001
  • Parcel Number: 35-2388-2
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Updated Baths, Updated Kitchen
  • Other Units: Store(s) Included
  • Some Units Have: Updated Baths, Updated Kitchen
  • Units Total: 3
  • Basement: None
  • Parking Description: Other, Street Parking
  • Separate Meters: Electric, Gas, Water
  • Existing Lease Terms: Building Vacant, Other
  • Tenant Pays: Electric, Gas, Insurance, Trash, Water
  • Financial Data Source: Other
Income / Expense Details
  • Operating Expenses: Garbage Collection, Maintenance/Repair, Property Tax/Assessments, Water, Other
Unit 1 Details
  • Unit #/Address - 1: 5323
  • Apx Sq Ft 1: 800
Unit 2 Details
  • Unit #/Address - 2: 5327
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Apx Sq Ft 2: 1000
Unit 3 Details
  • Unit #/Address - 3: 5329
  • Apx Sq Ft 3: 1000
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Shower Stall(s)
Additional Information
Additional Information
  • Fireplace: No

Property History for 5323 Fairfax Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5323 Fairfax Avenue

Taxable ValueLand$176,911Additions$412,793Total$589,704
Tax Record2023$9,646 ($804 / month)
Home Facts
Total Finished SqFt2,300 SqFtAbove Grade Finished SqFt2,300 SqFtStories1Lot Size2,500 SqFtStyleStoresYear Built1925CountyALAMEDAAPN35-2388-2

Schools near 5323 Fairfax Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Frick United Academy of Language
Public6 to 8

Fremont High
Public9 to 12

Aspire Berkley Maynard Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5323 Fairfax Avenue is a multi-family home for sale in Oakland, CA 94601. This property was listed for sale on September 25, 2024 by REAL ESTATE EBROKER, INC., it's currently listed at $795,000. It has been on the market for a total of 28 days and was last sold on November 13, 2002. This listing's school district is Oakland Unified School District. Nearby schools include Horace Mann Elementary School, Frick United Academy of Language and Fremont High. 5323 Fairfax Avenue is a 0-bed, 0-bath, 2,800 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REAL ESTATE EBROKER, INC., Janina Ivester, DRE #01719061

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.