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- LoopNet Team
1715 Elm St
El Cerrito, CA 94530
UNIQUE BUILDER/DEVELOPER OPPORTUNITY · Land For Sale
·
0.41 AC
INVESTMENT HIGHLIGHTS
- Shovel ready, go straight to work!
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.41 AC |
| Property Subtype | Residential | No. Stories | 1 |
| Proposed Use | Multifamily | ||
| Zoning | C | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.41 AC |
| No. Stories | 1 |
| Zoning | C |
DESCRIPTION
1715 Elm Street in El Cerrito presents an incredibly unique and rare opportunity for real estate developers to go straight to work on this 14-unit shovel ready condominium project in one of the East Bay’s vital and growing communities! This development site is at the crossroads of Contra Costa County, nestled just north of the cities of Berkeley and Albany and east of Marina Bay, Point Richmond, where residents can hop on BART (just minutes away!) to San Francisco, UC Berkeley, SFO and OAK, or traverse the Richmond San Rafael Bridge to Marin and Sonoma Counties. Nearby Wildcat Canyon Region Park and Alvarado Park offer residents hiking, biking, horseback riding or solace for an afternoon. The project is a few blocks from El Cerrito’s downtown shopping, established in Shopping and dining, and all three schools are blocks from the development. The real estate market in El Cerrito is thriving. Request a disclosure packet with nearby newly constructed development and neighborhood comps. Note the project includes a historic 2000 square foot home*. New developments include Village 29, Bloom Berkeley, and the Andante. *Please inquire as to restriction on historic home
PROPERTY TAXES
| Parcel Number | 502-112-038-0 | Improvements Assessment | $3,700,000 |
| Land Assessment | $2,300,000 | Total Assessment | $6,000,000 |
PROPERTY TAXES
