1727 64th Street
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1727 64th Street
3 Properties Offered at $5,000,000 in Emeryville, CA
Investment Highlights
- Great location with access and visibility to the I-80 freeway with ±344,000 daily car count
- Freeway signage opportunity
- Abundance of amenities and restaurants in local area
Executive Summary
There are 3 buildings with very short-term leases in place.
-1717 64th Street, Emeryville, CA 94608 ±2,000 SF Warehouse
-1719 64th Street, Emeryville, CA 94608 ±5,250 SF Office Building
-1727 64th Street, Emeryville, CA 94608 ±11,046 SF Office Building
Regarding Redevelopment Opportunity:
1717 – 1727 64th Street:
Zone: MUR – Mixed Use Residential
25,210 SF or 0.58 acres of land
No parking minimum requirement
FAR = Base 2.0 with Bonus 4.0
100 max bonus points
APN #: 49-1492-01
Development Potential:
Can be developed into a 100’ tall mixed-use multifamily development with 78 units
FAR 2.0/4.0 Base 2.0
Bonus 4.0
Height Base 50’
Bonus 100'
Density – 70/135 Units/Acre Base 70 units/acre
Bonus 135/acre
25,120 SF or 0.58 acre – you can build 41 units (0.58x70) without bonus and you can increase it to a maximum of 78 units with bonus.
Inclusionary: 12.5 – 17%
No setback requirements for the site **Table 9-4.204(e): Community Benefits and Bonus Points**
-1717 64th Street, Emeryville, CA 94608 ±2,000 SF Warehouse
-1719 64th Street, Emeryville, CA 94608 ±5,250 SF Office Building
-1727 64th Street, Emeryville, CA 94608 ±11,046 SF Office Building
Regarding Redevelopment Opportunity:
1717 – 1727 64th Street:
Zone: MUR – Mixed Use Residential
25,210 SF or 0.58 acres of land
No parking minimum requirement
FAR = Base 2.0 with Bonus 4.0
100 max bonus points
APN #: 49-1492-01
Development Potential:
Can be developed into a 100’ tall mixed-use multifamily development with 78 units
FAR 2.0/4.0 Base 2.0
Bonus 4.0
Height Base 50’
Bonus 100'
Density – 70/135 Units/Acre Base 70 units/acre
Bonus 135/acre
25,120 SF or 0.58 acre – you can build 41 units (0.58x70) without bonus and you can increase it to a maximum of 78 units with bonus.
Inclusionary: 12.5 – 17%
No setback requirements for the site **Table 9-4.204(e): Community Benefits and Bonus Points**
Property Facts
| Price | $5,000,000 | Number of Properties | 3 |
| Price / SF | $158.38 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 31,569 SF |
| Status | Active | Total Land Area | 3.88 AC |
| Price | $5,000,000 |
| Price / SF | $158.38 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 31,569 SF |
| Total Land Area | 3.88 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1727 64th St, Emeryville, CA 94608 | Office | 13,546 SF | 1989 | - |
| 1719 64th St, Emeryville, CA 94608 | Office | 16,023 SF | 1925 | - |
| 1717 64th St, Emeryville, CA 94608 | Industrial | 2,000 SF | 1960 | - |
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1727 64th Street
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