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1727 64th Street 3 Properties Offered at $5,000,000 in Emeryville, CA
INVESTMENT HIGHLIGHTS
- Great location with access and visibility to the I-80 freeway with ±344,000 daily car count.
- Freeway signage opportunity.
- Can be developed into a 100’ tall mixed-use multifamily development with 78 units.
- Abundance of amenities and restaurants in local area.
- The subject site area is generally level and at street grade.
EXECUTIVE SUMMARY
The property is adjacent to I-80 with dramatic views. There are 3 buildings with very short-term leases in place.
-1717 64th Street, Emeryville, CA 94608 ±2,000 SF Warehouse -1719 64th Street, Emeryville, CA 94608 ±5,250 SF Office Building -1727 64th Street, Emeryville, CA 94608 ±11,046 SF Office Building.
Regarding Redevelopment Opportunity: 1717 – 1727 64th Street: Zone: MUR – Mixed Use Residential 25,210 SF or 0.58 acres of land. No parking minimum requirement FAR = Base 2.0 with Bonus 4.0 100 max bonus points. APN #: 49-1492-01
Development Potential: Can be developed into a 100’ tall mixed-use multifamily development with 78 units FAR 2.0/4.0 Base 2.0 Bonus 4.0 Height Base 50’ Bonus 100’ Density – 70/135 Units/Acre Base 70 units/acre Bonus 135/acre 25,120 SF or 0.58 acre – you can build 41 units (0.58x70) without bonus and you can increase it to a maximum of 78 units with bonus. Inclusionary: 12.5 – 17%. No setback requirements for the site **Table 9
-1717 64th Street, Emeryville, CA 94608 ±2,000 SF Warehouse -1719 64th Street, Emeryville, CA 94608 ±5,250 SF Office Building -1727 64th Street, Emeryville, CA 94608 ±11,046 SF Office Building.
Regarding Redevelopment Opportunity: 1717 – 1727 64th Street: Zone: MUR – Mixed Use Residential 25,210 SF or 0.58 acres of land. No parking minimum requirement FAR = Base 2.0 with Bonus 4.0 100 max bonus points. APN #: 49-1492-01
Development Potential: Can be developed into a 100’ tall mixed-use multifamily development with 78 units FAR 2.0/4.0 Base 2.0 Bonus 4.0 Height Base 50’ Bonus 100’ Density – 70/135 Units/Acre Base 70 units/acre Bonus 135/acre 25,120 SF or 0.58 acre – you can build 41 units (0.58x70) without bonus and you can increase it to a maximum of 78 units with bonus. Inclusionary: 12.5 – 17%. No setback requirements for the site **Table 9
PROPERTY FACTS
| Price | $5,000,000 | Number of Properties | 3 |
| Price / SF | $273.28 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 18,296 SF |
| Sale Type | Investment or Owner User | Total Land Area | 3.88 AC |
| Status | Active |
| Price | $5,000,000 |
| Price / SF | $273.28 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 18,296 SF |
| Total Land Area | 3.88 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1717 64th St, Emeryville, CA 94608 | Industrial | 2,000 SF | 1960 | - |
| 1727 64th St, Emeryville, CA 94608 | Office | 11,046 SF | 1989 | - |
| 1719 64th St, Emeryville, CA 94608 | Office | 5,250 SF | 1925 | - |
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