Detailed Introduction Of This Home
Presenting this exceptional property featuring a vast 19,000 sqft lot, ripe for investment. Currently zoned A with RD1.5 density under the General Plan, this property offers significant development potential. Leveraging the Density Bonus program, developers can unlock higher density options, exceeding zoning restrictions to develop a Density Bonus and opt for unlimited density with 80+ units senior living facility over 4 levels, utilizing the new AB1287, State Density Bonus.
The seller has existing plans for a 27-unit apartment building with 27 SURFACE parking stalls. With no RSO, Ellis, or Tenant Relocation issues, this lot is highly appealing to developers. >>> PLANS AVAILABLE UPON REQUEST