Oakland, CA 94618,5883 MARGARIDO DRIVE

$901,375

Est. payment /mo

$949,000

5.0%
Est.Price: ?

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5883 MARGARIDO DRIVE Oakland, CA 94618

6,385 Sqft Lot

SOLD DATE : 03/30/2021

Key Details

Sold Price $901,375

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Rockridge Upper

MLS Listing ID 40939187

Sold Date 03/30/21

HOA Y/N No

Lot Size 6,385 Sqft

Acres 0.1466

Property Description

Located on Oakland’s coveted Margarido Drive, just blocks from the iconic, award-winning Margarido House, 5883 Margarido is a rare Upper Rockridge 6250 sq ft lot with approved plans for construction of a 5443 sq ft single-family home. Designed by the well-regarded Baran Studio Architecture with a modern, contemporary aesthetic, the home includes a 760 sq ft ADU and an attached three-car garage. Sale of the lot includes Planning Entitlements (PLN19193), Building Permit Application (RBC2002848) as well as associated documents and architectural renderings. The 5883 Margarido lot can be purchased separately or in tandem with the adjacent 5BD/3BA home with 2BD apartment if desired - suitable for a family compound. Can be sold separately or with home next door to right (coming to market approx. 3/4/21) - offer dates will be coordinated to give buyers the chance to offer on one, or both, to create family compound.

Location

State CA

County Alameda

Zoning RD-1

Interior

Fireplace No

Exterior

View Y/N Yes

View Hills, Trees/Woods

Building

Lot Description Sloped Down

Sewer Public Sewer

Others

Tax ID 48A71126

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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California Regional MLS (CRMLS)
Listed by David Gunderman • KW Advisors
Bought with Mahsa Sohi • Altas Realty

Matt Peters

Broker Associate | License ID: 01984989

+1(626) 344-1956

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