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966 B St
Hayward, CA 94541
Land For Sale · 0.18 AC

INVESTMENT HIGHLIGHTS

  • Approved Entitlements and Preliminary Plans
  • Proximity of Downtown Hayward
  • Proposed: 30 residential units and 1 commercial unit
  • Located in an Opportunity Zone, three years into the ownership timelines

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Storefront, Retail or Office
Total Lot Size 0.18 AC
No. Stories 2
Zoning DM - Downtown Main Street

DESCRIPTION

Approved Entitlements and Preliminary Plans Located in an Opportunity Zone, three years into the ownership timelines Proposed: 30 residential units and 1 commercial unit Proposed: total billing square footage 43,672 sq. ft. Proposed: building height 71.5 feet, 6 stories This modern multifamily development has been approved by CITY OF HAYWARD PLANNING COMMISSION as of February of 2024 for 6-story mixed-use development. Preliminary plans approved for residential building with 30 residential apartment units and 1 commercial/retail unit on the ground floor. The project is located in an opportunity zone and is already three years into the ownership timelines. The high-end luxury residential building totals 43,672 square feet, including living space, ground parking, and common area roof top deck. The complex showcases a wide unit mix of one, two and three bedrooms. All major appliances (dishwashers, refrigerators, clothes washers and dryers, and water heaters) will be electricity-powered, and Energy Star certified. Of the 30 units, 27 will be market-rate units, and the remaining 3 units will be designated as affordable units for moderate low-income households, per the requirements of the Affordable Housing Ordinance set forth in HMC Chapter 10, Article 17.   The building is centrally located in the Hayward Downtown area with its shopping, dining, and entertainment attractions. Short walking distance to Bart, Library, Cinema, shopping, and schools.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
428-0056-057-00
Land Assessment
$1,393,355
Improvements Assessment
$0
Total Assessment
$1,393,355
  • Listing ID: 31877295

  • Date on Market: 5/21/2024

  • Last Updated:

  • Address: 966 B St, Hayward, CA 94541

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