473 Crescent St

Exceptional opportunity in Oakland's desirable Lakeshore neighborhood! Built in 1925, this distinctive two-story residence offers 3 bedrooms, 1.5 bathrooms, and approximately 2,580 sq. ft. of living space (per assessor) on a generous 6,624 sq. ft. lot. Conveniently located near Lake Merritt, the Grand Lake district, shopping, dining, and neighborhood amenities, this property presents an exciting opportunity for homeowners, renovation investors, and developers alike. The residence requires significant renovation, offering the chance to restore and reimagine a classic Oakland home. Beyond its residential appeal, the property's RU-3/S-13 zoning presents intriguing development possibilities. Preliminary zoning analysis suggests a theoretical base density of approximately 14 residential units, with potential additional incentives for qualifying affordable housing developments. Alternatively, buyers may explore retaining and renovating the existing residence while adding accessory dwelling units (ADUs), potentially creating a multi-unit residential investment. The property's size, location, and zoning flexibility offer a compelling opportunity to explore multiple investment strategies. All development possibilities are conceptual and subject to zoning regulations, historic preservation considerations, City of Oakland review, permitting, and buyer verification. Offered at $799,000. Probate sale. Property is vacant and available for immediate showing. Bring your vision and explore the possibilities!

Current Status

New

Original Price

$799,000

List Price

$799,000

On Market Date

Oct 13, 2026

Property Type

Detached

D/N/S

Grand Lake

Zip Code

94610

MLS ID

41151098

APN

1082228

Year Built

1925

Stories in Building

2

Possession

Close Of Escrow

Data Source

MAXEBRDI

Origin MLS System

BAY EAST

Bed

3

Bath

1.5 (1/1)

Parking

0

Side Yard Access, No Garage

SQ FT

2,580

SQ FT Source

Assessor Auto-Fill

Lot SQ FT

6,624.0

Lot Acres

0.15 Acres

Pool Info

None

Kitchen

Tile Counters

Cooling

None

Disclosures

Nat Hazard Disclosure, Probate/Court Approval

Entry Level

Exterior Details

Other

Flooring

Hardwood

Foundation

Fire Place

Brick

Heating

Other

Laundry

Hookups Only

Upper Level

3 Bedrooms, 1 Bath

Main Level

0.5 Bath, Main Entry

Views

Other, None

Possession

Close Of Escrow

Basement

Full

Architectural Style

Craftsman, Custom

Non-Master Bathroom Includes

See Remarks

Construction Status

Existing

Additional Miscellaneous Features

Other

Location

Rectangular Lot, Other

Roof

Composition Shingles

Water and Sewer

Public

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.