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$3,500,000
Est. payment /mo
0.79 Acres Lot
UPDATED:
08/21/2024 08:05 AM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 41059026
HOA Y/N No
Lot Size 0.787 Acres
Acres 0.79
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 Listing
Zoning R-3-
Interior
Fireplace No
Exterior
Utilities Available Other Water/Sewer, See Remarks
Building
Lot Description Premium Lot, Regular
New Construction No
Others
Tax ID 5072072
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Listed by Davide Pio • BCRE
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122