4600 Grass Valley

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4600 Grass Valley

Oakland, CA 94605
Asking Price
$252K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • This land parcel spans a total of 0.29 acres.
  • The property is currently listed for sale at $251,999.
  • Located at 4600 Grass Valley in Oakland, California.
  • Positioned within the 94605 zip code of the East Bay.
  • Suitable for residential development within the local urban footprint.

What's Special

Residential development serves as the primary potential for this 0.29-acre parcel of land in Oakland. Situated within a established neighborhood in the 94605 zip code, the site provides a blank canvas for builders and private investors aiming to capitalize on the housing demand within the East Bay region. Oakland maintains a robust economic environment supported by its proximity to major Bay Area employment hubs and regional transit connectivity. The property benefits from the diverse urban infrastructure that characterizes this sector of California, making it a functional acquisition for those looking to expand their residential holdings. Its current size and placement allow for various configurations depending on local development guidelines and architectural intent, providing a strategic entry point into the Oakland real estate market for developers focused on long-term residential supply. Proximity to local thoroughfares ensures accessibility for construction logistics and future residential utility.

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NOI
$80,000
Cap Rate
31.75%
DSCR
5.35
Strong
Cash-on-Cash
86.03%
Monthly Payment
$1,246.754
Annual Cash Flow
$65,038.957

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