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28824 Mission Blvd
Hayward, CA 94544
Residential Development Site · Land For Sale · 1.30 AC

INVESTMENT HIGHLIGHTS

  • Excellent prime location and Walking Distance to South Hayward BART Station
  • High Density Residential Zoning w/ hillside views
  • Few minutes drive to Cal State University - East Bay
  • Rare Parcel of Vacant Land - Clean Environmental Phase One Report
  • Potential to increase Density with Builder/ Developer Incentives and/or favorable parking ratios

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units - Condo
  • Planned Unit Development
  • Single Family Development
Total Lot Size 1.30 AC
Zoning N/Av

DESCRIPTION

Prime Development Opportunity to build up to 70+ units in the heart of Hayward! Excellent central location with huge upside potential for high-density residential units (T5 Zoning). This Rare parcel of vacant land is a couple blocks / walking distance to the South Hayward BART Station, and developers may potentially receive favorable City Incentives due to its proximity to BART -- Incentives may include higher Density allowed, favorable Parking ratios, and further Incentives when building affordable units. This property has a Clean Environmental Phase One report from the past, and previous Architect designs were able to achieve entitlements for 71 units. Due to California's shortage / supply of affordable homes, as well as newer Policy allowing higher density when property is close proximity to mass transit (BART) -- It is very likely that Developers can obtain new entitlements for increased density and further upside potential for this unique lot. Buyers are advised to verify all info, conduct own due-diligence, and explore all the development possibilities with City of Hayward. Tremendous Development potential T5 Zoning. Property is nicely situated up on the hills of Mission Blvd, and a short drive away from Cal State University- East Bay.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
078C-0461-006-04
Land Assessment
$1,504,563
Improvements Assessment
$0
Total Assessment
$1,504,563
  • Listing ID: 20639616

  • Date on Market: 8/14/2020

  • Last Updated:

  • Address: 28824 Mission Blvd, Hayward, CA 94544

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