Overview
- Residential
- 3
- 1
- 1142
- 131121
Description
Excellent Development Opportunity 7,417 Sq. Ft. Lot. Located in a proven development zone, this 7,417 sq. ft. lot offers the potential to build 5 Small Lot Subdivision Units, as demonstrated by the 5-unit project completed across the street.This site qualifies for exemption from parking requirements under the City’s Affordable Housing provisionsan increasingly rare advantage in today’s market. Additionally, the parcel is exempt from SB8 and AB 1218, as confirmed by city documentation waiving the “no net loss” provision under the Housing Crisis Act of 2019 (documentation available upon request).This represents a prime opportunity for developers to capitalize on favorable zoning, minimal restrictions, and strong local development precedent.Buyer(s) to verify all information independently.
Details
Updated on May 4, 2025 at 12:41 am Listed by Louis Perez, Tradewind Realty- Property ID: 131121
- Price: $2,195,000
- Property Size: 1142 Sqft
- Land Area: 7417 Square Feet
- Bedrooms: 3
- Bathroom: 1
- Year Built: 1947
- Property Type: Residential
- Property Status: Active
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