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$1,980,000
Property Description
Entitled development site in downtown's Old Oakland neighborhood: build this architecturally rich modern 32,250 square foot, five-story building designed by world renowned architect Stanley Saitowitz of Natoma Architects. Plans included for the approved 56 residential units, with an approval extension until January 31, 2028. Another option: remodel this former restaurant and market space back into a gourmet eatery in the heart of the City. Desirable Old Oakland offers thriving community businesses, top-rated restaurants, and easy access to the rest of the East Bay, San Francisco, and beyond. Minutes to Jack London Square, Lake Merritt, Downtown, Laney College and both State and Federal Buildings. Accessible to public transit including BART, Ferry, Amtrak, both 880 & 980 freeways, and multiple parking garages and plentiful street parking. This exciting project is nearly shovel-ready and waiting for you to take it over the finish line! Inquire disclosures. Zoning: D-DT-CX, S-14, S-13 (Base Height and Intensity Area 8) Existing Use: Commercial restaurant and market space. Approved for 56 residential units (41 market rate and 15 moderate rate affordable rental) Architectural plans by Stanley Saitowitz of Natoma Architects Inc.
Full Property Details
Full Property Details for 578 7th St
General
- Price: $1,980,000
- Status: Active
- Type: Residential Lots
- Source: MAX
- MLS ID: 41088134
- Updated: 6/26/2025
- Added to Site: 317 day(s) ago
Location
- Area: Listing
- County: Alameda
- Subdivision: Jack London
- Driving Directions: Jefferson to 7th
Lot Features
- Property View: Downtown
- Lot Size (Acres): 0.17
- Lot Dimensions: 7500
- Frontage: City Street
- Lot Features: Level, Premium Lot, Other, Area Lighting, See Remarks
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $264
Disclosures and Reports
- Property ID: 120915
Listed by KW Advisors East Bay, David Gunderman and KW Advisors East Bay, Michael Bradley
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Schools
Schools serving 578 7th St
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Oakland, CA 225 11th Street, Oakland, CA 94607 | K-5 | 0.6 mi |
Westlake Middle School 2629 Harrison St., Oakland, CA 94612 | 6-8 | 1.3 mi |
Oakland Technical High School 4351 BRd.way, Oakland, CA 94611 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 578 7th St
Date
Details
Price
Change
Source
3/05/2025
Listed
$1,980,000
-13.91%
MLS
9/17/2021
Sold
$2,300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 578 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$40,503
22%
$2,440,760
2%
2024
$33,126
-6%
$2,392,920
2%
2023
$35,076
2%
$2,346,000
2%
2022
$34,309
86%
$2,300,000
151%
2021
$18,433
-7%
$914,517
1%
2020
$19,926
43%
$905,147
2%
2019
$13,903
14%
$887,400
16%
2018
$12,182
155%
$765,000
227%
2017
$4,781
5%
$233,861
2%
2016
$4,575
1%
$229,277
2%
2015
$4,546
1%
$225,832
2%
2014
$4,514
1%
$221,409
—
2013
$4,488
—
$220,409
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 578 7th St
578 7th Street, Oakland, CA 94607 (MLS# 41088134) is a Residential Lots property with a lot size of 0.17 acres. 578 7th Street is currently listed for $1,980,000 and was received on March 05, 2025. Want to learn more about 578 7th Street? Do you have questions about finding other Residential Lots real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.
