10929 San Pablo Ave, El Cerrito, CA 94530

$4,500,000
List Price
$4,500,000
Status
ACTIVE
MLS#
40946194
Days on Market
28
Property Type
Lots and Land
Lot Size
22,651
Acres
0.52
County
Contra Costa
Area
El Cerrito

Property Description

Shovel Ready! This is a 90 unit development project located in the heart of El Cerrito along San Pablo Avenue and Alameda Avenue. The site is a ±22804 sf corner lot comprised of 2 adjoining parcels (APN: 509-120-015 / 509-120-013) situated in the TOHIMU (Transit-Oriented Higher-Intensity Mixed Use) zoning district. The approved design will not require any Below Market Rate (BMR) units.The building is a 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 (El Cerrito del North Station) is only 0.8 miles away. This project can be bought together with another 130 unit project a few blocks away (11795 San Pablo) also listed at $4.5M.

Additional Information

HOA
Yes
HOA Amount
1
Association
Unknown
City Transfer Tax Rate
Yes
Lot Description
Corner
Price Per Square Foot
197
Utilities
Electricity, Gas, Sewer, Water
Zoning
Other

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Andra Wai Cheung from Excel Realty