6434 Raymond St, Oakland, CA 94609

A Rare Development Opportunity Located in a popular North Oakland neighborhood on a special street, this spacious level lot offers wonderful potential to contractors and builders. The excellent location features easy proximity to the Rockridge, Elmwood and Temescal neighborhoods. According to Googlemaps, Ashby BART is a 14-minute walk, Cole Coffee is a 12-minute walk and the University of California Berkeley campus is a 6 minute drive. Walkscore.com gives it an 86 “walk score” and 100 “bike score”! Built in 1906, the little cottage in the middle of the lot is in poor condition. There are no reports available. It is likely that a full re-building of the structure will be required. It is being sold in as-is condition. This is a property that will likely not be able to obtain conventional financing. Cash offers are recommended. An Oakland zoning department representative has said it is RM2 zoning. According to the zoning representative’s review of the property statistics and zoning, he indicated that a developer could request to build 2 units on this lot. Public records state the lot to be 5,490 square feet. Buyers and their agents should confirm any information regarding the potential development of this property, as well as the zoning and square footage of lot and cottage.