2527 San Pablo Ave, BERKELEY

$4,888,000

0 Beds
0 Baths
13,330 Sqft
.31 Acres
0 Garages

2527 San Pablo Avenue, is a rare fully-entitled, infill development opportunity that will be delivered building permit ready in Berkeley, CA, one of the strongest rental markets in the Bay Area. The ±0.31-acre site is located in West Berkeley at the Southeast corner of San Pablo Ave and Blake St and is situated in the West Berkeley Commercial Zoning District (C-W). The site has been fully-entitled for a 6-story, ±62,402 sq. ft. apartment building with 63 residential units, 2 commercial spaces totaling ±3,155 square feet, 49 parking spaces, 60 bike parking spaces, a rooftop terrace & resident multipurpose room and a community laundry room on the sixth floor. Twelve of the sixty-three residential units are designated as below market rate units for qualified persons with intellectual and developmental disabilities.

Essential Information
MLS® #40844299
Price$4,888,000
Square Footage13,330
Acres0.31
TypeLots and Land
StatusPending Show for Backups
Community Information
Address2527 San Pablo Ave
AreaBerkeley Map Area 2
CityBERKELEY
CountyAlameda
StateCalifornia
Zip Code94702
Utilities

Electricity, Gas, Sewer, Other, Water

Exterior
Lot DescriptionCorner, Level, Regular, Other
Additional Information
Date ListedOctober 29th, 2018
ZoningC-W
Listing Details
OfficeCBRE
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Listing information last updated on August 19th, 2019 at 12:30am PDT.