$1,600,000
$1,695,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
0.42 Acres Lot
SOLD DATE : 11/10/2021
Key Details
Sold Price $1,600,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision El Cerrito
MLS Listing ID 40935789
Sold Date 11/10/21
HOA Y/N No
Lot Size 0.423 Acres
Property Description
Entitled 26 unit development opportunity located in heart of El Cerrito along San Pablo Ave/Lincoln Ave. 18,423 sf corner lot comprised of two adjoining parcels (APN: 504-012-036-1/037) situated in the TOHIMU (Transit-Oriented Higher-Intensity Mixed Use) zoning. Approved design will not require any Below Market Rate units and Developer can avoid affordable development fees if building permits are applied for by June 30, 2021. Building is contemporary style with unique mix of 2 and 3 bed condos, flats and townhomes with private patios/decks and Bay/City/Hill views. Walking distance from growing Downtown area home to many national retailers + abundant transit options make this an ideal property for residents who want a convenient, urban lifestyle with the option of parking your car and bike or going car-free. The property boasts an impressive 94 WalkScore making it a Walker and Biker's Paradise.
Location
State CA
County Contra Costa
Zoning TOHI
Interior
Fireplace No
Exterior
View Y/N Yes
View Bay, City Lights, Hills
Building
Sewer Public Sewer
Others
Tax ID 5040120361
Acceptable Financing Cash
Listing Terms Cash
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Bought with Jessica Yap • Pacific East Bay Real Estate
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