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3131 magnolia St

Magee · Oakland

3131 magnolia St

Style

Single Family Residence

Zoning

RM-2

Year built

1905

Existing

6 bd · 3 ba

Interior

2,700 sf

Lot size

4,476 sf

$1,200,000

For Sale

Development Scenarios

Here's how you can use existing housing laws to add more housing units to this property. For illustrative purposes only, as actual site conditions should be verified in person.

ADU

Add 1 potential unit to the backyard
$272K-$414K estimated cost
$1M-$2M future value add

Single-Family or Multi-Family Homes on Separate Lots

Add 1 potential unit
$439K-$899K estimated cost
$2M-$5.8M future value add
Loading infill model...

Density level

Density controls will appear after the model finishes loading.

Generating the lot configuration for this scenario and density...

Financials

These estimates model the potential development economics for this scenario using local construction costs and comparable sale prices. They're provided for illustrative purposes only and aren't financial advice.

Selected ScenarioADU
Estimated Project Cost
$1,507,802
ADU scenario · 1 new unit · 400 new sf
Build Cost / SF
$
ADU build cost$271,802
18% of project cost
Property acquisition$1,236,000
82% of project cost
Estimated Project Value (2 Year)
$2,220,440
$1,702,248 1-year project value ·
47.3% total ROI
$712,638 potential ROI
Added scenario value$1,020,440
46% of completed value
Current property value$1,200,000
54% of completed value
Acquisition82%
Soft Costs4%
Hard Costs14%
Value Projections
Today list price$1,200,000
24-month added value$1,020,440
24-month project value$2,220,440
Potential ROI$712,638
Assumptions
Current sale / sf$464
Average sale / sf$618
Annual growth103.2%
Comp bedrooms6
Comp radius5 miles
Price / sf sourceAverage sold comps
Added sqft400 sf
Cost Breakdown

Unit Economics
Original Property
Acquisition only
Build New Homes
Soft + hard costs
All-In
Total project
# of original homes
N/A
# of new homes
1
Total homes
1
Per Home
N/A
Per Home
$272K
Per Home
$1.51M
# of original sq ft
2,584
# of new sq ft
400
Total sq ft
2,984
Per Sq Ft
N/A
Per Sq Ft
$680
Per Sq Ft
$505
Total
$1.24M
Total
$272K
Total
$1.51M
Financing Estimate
Construction Loan

Estimate construction proceeds, cash required, and interest-only payments.

Construction Estimate
Loan Proceeds
Construction basis
Soft + hard costs
$272K
Loan proceeds
65% loan-to-cost
$177K
Cash required
Unfinanced development cost
$95K
Monthly payment
Interest-only estimate
$2K

Timeline

Typical project phasing based on the selected scenario, density, and generated development scope.

Estimated Total Duration

11 months

ADU

Design

Concept design, site planning, and early coordination.

1 month

Month 1

Permitting

Planning review, entitlement approvals, and building permits.

3 months

Month 2 - Month 4

Site Work

Utility coordination, grading, and site preparation.

2 months

Month 5 - Month 6

Construction

Vertical construction through final inspection.

5 months

Month 7 - Month 11

Property Overview

MLS: bridgeMLS

Property information from bridgeMLS

Listed by Anthony Williams · WR Properties

bridgeMLS © 2026. Information Deemed Reliable but not Guaranteed. This information is being provided by bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at April 14, 2026 at 1:19 AM PDT.

Location

Data from Type Five
Jurisdiction
Oakland
Zoning
RM-2
Overlay Districts
None
Climate Zone
Zone 3
Transit Access (1/2 mi)
Yes (Adeline St & 32nd St)

Natural Hazards

Data from Type Five
Flood Zone
X
Liquefaction Risk
Yes
Landslide Risk
No
Fault Zone
No

Fire Risk

Data from Type Five
Fire Hazard Zone
NOT IN VHFHZ
Fire Responsibility
LRA
Wildfire Protection Req.
No
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