$299,000 AFFORDABLE HOUSING DEVELOPMENT SITE (oakland west)

PACIFIC LAND BROKERS "Vacant Land Specialists" 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: $299,000 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: https://drive.google.com/drive/folders/1XYzxR1J-2_s2bUG92_glZ6cRUPtSkTlZ?usp=drive_link FOR ADDITIONAL INFORMATION CONTACT MICHAEL J. HEAVIN BROKER / OWNER PACIFIC LAND BROKERS "VACANT LAND SPECIALISTS" OFFICE: show contact info WEB: PACIFICLANDBROKERS.COM CA DRE# # 00587874