• Asking Price See Price
  • Estimated Value: $2,129,193
  • CLAREMONT OAKLAND, CA 94618

  • 3 Beds 3 Baths 5,867 SqFt
  • Single Family Home / REO Foreclosure

Property Details for CLAREMONT St, OAKLAND, CA 94618

Features

Facts

Foreclosure Info

Pre-Foreclosure Info

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

The historic Clausen building located in the Rockridge-Temescal District presents an opportunity for development into a 5 multi-family building - four condos and one live|work space. The previous developer repurposed and redesigned the interior floorplans|framing to fit the needs of the new condo units. The building has a solid foundation and structure. However, certain modifications will need to be made to meet building and zoning code requirements and to accommodate individual units, including the installation of plumbing, electrical, and HVAC systems. Here is your opportunity to finish what the prior developer had started. Original architect plans are available upon request. Ideal for developers or real estate investors. Prime location near MacArthur BART Station, Freeways, DMV, Kaiser Permanente, Farmers Market, Whole Foods Market, Coffee Shops, Shopping, & Restaurants.

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