10919 San Pablo Ave
El Cerrito, CA 94530
Playland II · Land For Sale
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0.52 AC
Investment Highlights
- • Two multifamily development sites totaling 220 Units and 185,878 GSF - located within 1 miles from each other
- • 11795 is fully-entitled for 6 stories with 130 residential units, 4000 sq ft commercial space, ground level parking
- • Superior Transit Accommodations - located less than 0.5 mile from BART stations and two stops from UC Berkeley
- • 10929 San Pablo is fully-entitled for 5 stories with 90 residential Units, 3000 sq ft commercial space, ground level parking
- • Both sites are 100% market rate developments which do not require BMR units
- • Within close proximity to Berkeley and San Francisco - close to thousands of education, tech and finance jobs
Property Facts
Description
Total 220 units for two entitled development projects: 10919 San Pablo Ave (90 unit project on a±22804 sf corner lot ) & 11795 San Pablo Ave (130 unit project on a ±26169 sf corner lot) locate in the heart of El Cerrito right across the BART station and city hall. Both projects situated in the TOHIMU (Transit-Oriented Higher-Intensity Mixed Use) zoning district. The approved design will not require any Below Market Rate (BMR) units. Each project is listed at $4.5M asking price. The buildings are contemporary style with a unique mix of studio, 1 bedroom and 2 bedroom units, with private patios/decks and Bay, City and Hill views. Located walking distance from the growing Downtown area. The property boasts an impressive 94 WalkScore making it a Walker and Biker’s Paradise. The BART station, City Hall and shopping center are blocks away. El Cerrito is a highly desirable, urban infill location in the East Bay Area of the San Francisco Bay Area. Close to Interstate 80 and 580, and less than a mile from BART this site provides easy access to the entire San Francisco Bay Area. There is an AC Transit stop directly in front of the property with access to the 72, 72M, 800 lines and a stop across the street with L line direct access to San Francisco too.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,089,043 | Total Assessment | $2,089,043 |
Property Taxes
