$500,000
UNIQUE single-family home investment opportunity. Great location in the mature northern downtown Oakdale area, huge corner lot (12,000+ SF) on 3rd & B Street. Walking distance to Dorado City Park, public pool. Summer Concerts in the Park, Kid's Play Park, and Oakdale's fine dining area. The 1,300 SF, 2-bedroom, 1.5 Bath home was built in 1920. Additions over the years are still in good shape. The 600+ SF, 2+ car garage supports further expansion. Currently zoned R3 and, according to the City of Oakdale, allows a total of 4 dwelling units. Verify with Mr. Garvel at the City Planning Dept. Three Development Options: A) Remodel existing home & add an additional 2/1 home on the west side, splitting the existing garage into two 1-car garages w/ rear storage or laundry. B) Build a nice 3+bedroom home facing B Street. C) Build a duplex facing B St. Building area = 100FT wide x 50Ft deep. A two-story is possible by building over the garages. Oakdale has rules for new construction: The Design Expectation for Residential Living - Single & Multi-Family Units.
1,328
SqFt.
⋅
226117283
MLS
454 N 3rd Avenue, Oakdale
Listing courtesy of Century 21 Select Real Estate.
