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311 MacArthur Blvd
San Leandro, CA 94577
Entitled Site · Land For Sale · 0.97 AC

INVESTMENT HIGHLIGHTS

  • Rare ~1 acre parcel in prime San Leandro Broadmoor DIstrict
  • Land currently entitled for a total of 20 residential units
  • Ideal commute location - 2 mi from BART and 0.3 mi from Hwy 580 access

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.97 AC
No. Stories 1

DESCRIPTION

Broadmoor Village is a Planned Development (PD) approved for 20 homes disbursed between 4 buildings and varying in size between 1500-2020 SF. Per city requirements, the project will have two moderate-income affordable units and one low-income affordable unit available for sale. The project involves the construction of four townhome condominium buildings with 20 dwelling units (including two-bedroom and three-bedroom units), 40 garage parking stalls, and 5 surface parking spaces. Two units would be moderate-income affordable (gross income may not exceed 120 percent of the Area Median Income) and one unit would be low-income affordable (gross income may not exceed 80 percent of the Area Median Income). Each building would be three stories and approximately 37.5 feet in height. The project’s residential density would be 20 dwelling units per acre. The total building footprint would be 15,148 square feet, with approximately 35 percent lot coverage. The total square footage of the proposed buildings would be 46,361 square feet, with a floor area ratio of approximately 0.88. The existing five assessor’s parcels would be merged to form one parcel.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 076-0311-004-00
  • 076-0311-003-00
  • 076-0311-005-00
  • 076-0311-030-01
  • 076-0311-001-03
Land Assessment
$1,273,439
Improvements Assessment
$169,792
Total Assessment
$1,443,231
  • Listing ID: 21291597

  • Date on Market: 10/21/2020

  • Last Updated:

  • Address: 311 MacArthur Blvd, San Leandro, CA 94577

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