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- LoopNet Team
Stuart St
Lafayette, CA 94549
Land For Sale
·
0.39 AC
INVESTMENT HIGHLIGHTS
- Entitled 12 townhome project in the highly affluent submarket of Lafayette
- With new 88% minimum density rules, this is one of the only possible townhome development sites left in Downtown Lafayette
- Walking distance to Whole Foods, Safeway, Headlands Brewing, Horn BBQ plus many other restaurants, retail stores, BART and Hwy 24
- Option to use new higher density of 60 du/ac to re-design for 23 base units, 32 with 35% SDBL or 36 with 50% SDBL
PROPERTY FACTS
| Property Type | Land | Proposed Use | |
| Property Subtype | Residential | Total Lot Size | 0.39 AC |
| Zoning | C-1-60 - General Commercial District 1. New zoning now allows for up to 60 du/ac. | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.39 AC |
| Zoning | C-1-60 - General Commercial District 1. New zoning now allows for up to 60 du/ac. |
DESCRIPTION
ACARA is pleased to present this unique opportunity to acquire an entitled townhome project in the heart of Downtown Lafayette. Located a block away from Headlands Brewing and Horn BBQ with it’s famous line out the door plus minutes away from everything this highly affluent suburb has to offer including Whole Foods, Safeway, Restaurants, Highway 24 and BART. This Studio FCF design includes 12 three-story, Type V-A townhomes each with it’s own garage and private roof deck. There will be seven one bedrooms and five two bedrooms at market rate plus 2 below market rate units at low income levels. With Lafayette’s new 88% minimum density that went into effect earlier this year on all Housing Element sites, this will be one of the last approved townhome sites in Downtown.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $611,349 | Total Assessment | $611,349 |
PROPERTY TAXES
