PACIFIC LAND BROKERS
"Vacant Land Specialists"
Offices in Danville and Hayward
Servicing Land Buyers and Sellers in all Bay Area
and Surrounding Counties
Property Address: 7701 BANCROFT AVE, OAKLAND, CA 94605
Property Type: POTENTIAL AFFORDABLE APARTMENT BUILDING DEVELOPMENT SITE
Asking Price: REDUCED $249,000, SELLER WILL CONSIDER ALL OFFERS AND MAY CONSIDER SELLER FINANCING FOR A QUALIFIED BUYER
Property Description/Uses:
DEVELOPMENT OF AN AFFORDABLE HOUSING APARTMENT BUILDING.
THE SUBJECT PROPERTY IS LOCATED IN AN AREA WITH SEVERAL RECENTLY BUILT MULTI-FAMILY AFFORDABLE HOUSING PROJECTS. THE SUBJECT ZONING IS (BASE ZONE AND COMBINING) RM-4, S-13. THE INTENT OF THIS ZONING DISTRICT IS TO CREATE, MAINTAIN, AND ENHANCE RESIDENTIAL AREAS TYPICALLY LOCATED ON OR NEAR THE CITY'S MAJOR ARTERIALS AND CHARACTERIZED BY A MIX OF SINGLE-FAMILY HOMES, TOWNHOMES, SMALL MULTI-UNIT BUILDINGS AT SOMEWHAT HIGHER DENSITIES THAN RM-3, AND NEIGHBORHOOD BUSINESSES WHERE APPROPRIATE. THE AFFORDABLE HOUSING COMBINING (S-13) ZONE IS INTENDED TO CREATE AND PRESERVE AFFORDABLE HOUSING. THE PURPOSE OF THE S-13 COMBINING ZONE IS TO ALLOW A BONUS HEIGHT FOR ELIGIBLE AFFORDABLE HOUSING PROJECTS, AS WELL AS RELAXATION OF OTHER LISTED DEVELOPMENT STANDARDS FOR APPLICABLE ZONES AND AN ELIMINATION OF ANY MAXIMUM RESIDENTIAL DENSITY STANDARDS.
APN#: 040-3388-004-04
Property Size: APPROX. 11,250 SQ. FT. PER TAX ASSESSOR
Building and Zoning Dept: PLEASE DIRECT ALL ZONING QUESTIONS TO THE CITY OF OAKLAND ZONING AND BUILDING DEPT; show contact info
.
PROPERTY DISCLOSURES AND RELEVANT PROPERTY INFORMATION ARE AVAILABLE FOR REVIEW AT THE BELOW LINK:
MICHAEL J. HEAVIN
BROKER / OWNER
PACIFIC LAND BROKERS
"VACANT LAND SPECIALISTS"
OFFICE: show contact info
WEB: PACIFICLANDBROKERS.COM
CA DRE# # 00587874