About 1520 Detroit
The State Density Bonus Law could increase the maximum allowable unit count on this site. The total lot area is ±1.722 acres. At 100 units per acre, this would yield a base density of 171 units, with 26 units (>15%) designated as very-low income, a builder would potentially receive a density bonus of +50% that would increase the yield to 258 units at 150 units per acre. The new law that went into effect this year allows for a second density bonus whereby if you were to deed restrict another 26 units as moderate-income units, a second +50% bonus would be stacked on top of the first, in effect this would equal a +100% bonus allowing for 344 maximum units on the sites at 200 units per acre. Developments at this density would not be possible in wood frame construction. An alternative would be to build the units required by the City of Concord Inclusionary Housing Ordinance. For a rental project, the City of Concord requires either 10% low income or 6% very low-income units. By building these units, the project would receive all the benefits of Density Bonus law for easing entitlement (including waivers of development standards and concessions) by providing 11 very
Features of 1520 Detroit
| MLS® # | 41101840 |
|---|---|
| Price | $10,500,000 |
| Square Footage | 73,203 |
| Acres | 1.72 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | 1520 Detroit |
|---|---|
| City | Concord |
| County | Contra Costa |
| State | CA |
| Zip Code | 94523 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer On Site, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Corner Lot |
|---|
Additional Information
| Date Listed | June 18th, 2025 |
|---|---|
| Zoning | m |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Mark Traikoff |
|---|---|
| Office | Christie's Intl RE Sereno |