$250,000

Estimated payment $1,584/month

0.12 Acres
$2,050,848 Price per Acre
5,310 Sq Ft Lot

About This Lot

Rare Oakland infill development opportunity directly across from Mills College at Northeastern University in the highly desirable Millsmont neighborhood. This property offers a compelling opportunity for investors, builders, LLCs, and developers seeking to create a long-term income-producing asset in one of the Bay Area’s supply-constrained housing markets. With potential for a duplex or custom residential development (buyer to verify), the property is strategically positioned near a built-in rental demand driver: • University faculty and staff • Graduate students, • Third and fourth year students approved for off-campus living, • East Bay commuters seeking convenient freeway access. The location offers: • Immediate proximity to campus • Quick access to I-580 and regional transportation • Close proximity to BART and AC Transit • Minutes to downtown Oakland, Berkeley, and San Francisco access points • Nearby parks, hiking trails, recreation, shopping, and dining Build-to-rent opportunities for developable land in established Oakland neighborhoods are becoming increasingly rare. For investors focused on long-term appreciation, rental income, and strategic location fundamentals, this property checks all the boxes.

Listing Agent

Mike Hreha

Keller Williams Realty License #01464453 Listed on: 05/18/2026

Keller Williams Realty

Property Details

Property Type

  • Land

Lot Details

  • 5,310 Sq Ft Lot
  • Lot Sloped Up

Community Details

  • No Home Owners Association
  • Melrose Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36250393

Property Details

Property Type

Land

Lot Details

5,310 Sq Ft Lot

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Subdivision Name: Melrose
  • Directions: From Highway 580 heading south take the Seminary exit, right on Seminary, right on Macarthur
  • Special Features: None

Exterior Features

  • Lot Features: Sloped Up

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5310
  • Parcel Number: 36250393

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,156 $437,452 $437,452 --
2024 $8,156 $30,737 $30,737 --
2023 $8,127 $30,135 $30,135 $0
2022 $7,986 $29,544 $29,544 $0
2021 $1,726 $28,965 $28,965 $0
2020 $1,701 $28,668 $28,668 $0
2019 $1,526 $28,106 $28,106 $0
2018 $1,494 $27,555 $27,555 $0
2017 $1,391 $27,015 $27,015 $0
2016 $1,239 $26,485 $26,485 $0
2015 $1,224 $26,087 $26,087 $0
2014 $1,062 $25,576 $25,576 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2026 05/18/26 For Sale $250,000 -- --
Source: Contra Costa Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Trustee Deed $67,596 --
Source: Public Records

Source: Contra Costa Association of REALTORS®

MLS Number: 41135214

Contra Costa Association of REALTORS®

APN: 036-2503-093-00

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