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10192 San Pablo Ave - Entitled 44 Unit Residential Development Lot
0.42 Acres of Residential Land Offered at $1,590,000 in El Cerrito, CA 94530
Investment Highlights
- Entitled 44 Residential Development
- Zoning ordinance allows for much larger development if desired
- Seller Financing Available
Executive Summary
- Developer could implement existing plans to achieve five (5) stories and 50-60 units if desired
- By ordinance, develop up to 85 feet in height (approx. 7 floors, ±100 units). No maximum density!
- Corner lot of ±18,400 SF comprised of two adjoining parcels (APN: 504-012-036-1 / 504-012-037)
- Less than ½-mile and a 10-minute walk to El Cerrito Plaza and BART
- Situated in the TOHIMU (Transit-Oriented Higher-Intensity Mixed Use) zoning district [PDF]
- Upper residential units to feature bay, city and hill views
- Walking distance to many national retailer and restaurants
- Site boasts an impressive 94 WalkScore, a “Walker and Biker’s Paradise”
- El Cerrito is a highly desirable, urban infill location in the East Bay Area of Greater San Francisco Bay Area
- Close to Interstate 80 and 580, less than a half mile from BART
- San Pablo Avenue is a major transportation artery, connecting much of the central East Bay
- SELLER FINANCING W/ BELOW MARKET RATES AVAILABLE!
Property Facts
| Price | $1,590,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.42 AC |
| Price | $1,590,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.42 AC |
1 Lot Available
Lot
| Price | $1,590,000 | Lot Size | 0.42 AC |
| Price Per AC | $3,764,151 |
| Price | $1,590,000 |
| Price Per AC | $3,764,151 |
| Lot Size | 0.42 AC |
Two parcels equaling a total of 18,400 sq. ft.
Description
- A 44-unit development opportunity in the heart of El Cerrito along San Pablo Avenue and Lincoln Ave - Developer could implement existing plans to achieve five (5) stories and 50-60 units if desired - By ordinance, develop up to 85 feet in height (approx. 7 floors, ±100 units). No maximum density! - Corner lot of ±18,400 SF comprised of two adjoining parcels (APN: 504-012-036-1 / 504-012-037) - Less than ½-mile and a 10-minute walk to El Cerrito Plaza and BART - Situated in the TOHIMU (Transit-Oriented Higher-Intensity Mixed Use) zoning district [PDF] - Upper residential units to feature bay, city and hill views - Walking distance to many national retailer and restaurants - Site boasts an impressive 94 WalkScore, a “Walker and Biker’s Paradise” - El Cerrito is a highly desirable, urban infill location in the East Bay Area of Greater San Francisco Bay Area - Close to Interstate 80 and 580, less than a half mile from BART - San Pablo Avenue is a major transportation artery, connecting much of the central East Bay
PROPERTY TAXES
| Parcel Number | 504-012-036-1 | Improvements Assessment | $0 |
| Land Assessment | $1,045,602 | Total Assessment | $1,045,602 |
PROPERTY TAXES
zoning
| Zoning Code | TOHIMU |
| TOHIMU |
-
Colby Katz -
Francis Griffin -
MRE Commercial Real Estate
Presented by
10192 San Pablo Ave - Entitled 44 Unit Residential Development Lot
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