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Listed by Davide Pio • BCRE
$3,500,000
Est. payment /mo
0.79 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Other Residential Land
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CC41059026
Originating Board Contra Costa Association of Realtors
Lot Size 0.787 Acres
Property Sub-Type Other Residential Land
Property Description
Near "shovel ready" land development at 36341 Mission Blvd., CA for sale. The development presents an excellent opportunity for an investor to bypass nearly all soft cost and time associated with the high barrier to entry that exists the San Francisco Bay Area. The land totaling 0.79 acres (34,276 Sq. Ft.) has nearly completed all items for full entitlements for 13 townhouse units to be sold at market rate in an ever-rising housing market which continues to climb higher even in a elevated interest rate environment. Reserve studies demonstrate the HOA's at $212/unit/month average, and the consistent short supply of housing ensure that the remaining project can be taken by a developer to profitability.
Location
State CA
County Alameda
Area Other Area
Zoning R-3-
Exterior
Fence Fenced
Building
Lot Description Surveyed - No, Building Pad - No, Corners Marked - No, Other, Regular
Water Other
Others
Tax ID 507-20-7-2
Special Listing Condition Not Applicable
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