
Description
39 Unit AFFORDABLE HOUSING APARTMENT SITE.... 8 - 3 BEDROOM 2 BATH, 24 - 2 BD. 1 3/4 BA, 7 - 1 BEDROOM 1 BATH .. PLANS CURRENTLY IN PLAN CHECK ......NO PUBLIC HEARINGS OR CONDITIONAL USE PERMITS NECESSARY.......QUICK APPROVAL POSSIBLE.... 27 CAR SUBTERRANEAN PARKING GARAGE ( VENTED NATURALLY )..... 2 CONTIGUOUS LOTS INCLUDED. ( APN'S 7411-005-017 & 7411-005-018)...POTENTIAL PANORAMIC VIEWS FROM 3RD ( TOP ) FLOOR .. ONE OF THE LAST SOUTH BAY MODERATE SIZE PROJECT SITES ..**** ACTURAL CITY ADMINISTRATIVE APPROVAL FOR 52 UNITS ( 4 Floors above Parking Garage ) ****INDIVIDUAL WATER, GAS AND ELECTRIC METERS...PROJECTED ANNUAL GROSS INCOME - $ 1,200,000+ .... APPROX 6.1 CAP ..... ( Depending on Actual Rental Income )
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0BEDS
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0.44ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
39 Unit AFFORDABLE HOUSING APARTMENT SITE.... 8 - 3 BEDROOM 2 BATH, 24 - 2 BD. 1 3/4 BA, 7 - 1 BEDROOM 1 BATH .. PLANS CURRENTLY IN PLAN CHECK ......NO PUBLIC HEARINGS OR CONDITIONAL USE PERMITS NECESSARY.......QUICK APPROVAL POSSIBLE.... 27 CAR SUBTERRANEAN PARKING GARAGE ( VENTED NATURALLY )..... 2 CONTIGUOUS LOTS INCLUDED. ( APN'S 7411-005-017 & 7411-005-018)...POTENTIAL PANORAMIC VIEWS FROM 3RD ( TOP ) FLOOR .. ONE OF THE LAST SOUTH BAY MODERATE SIZE PROJECT SITES ..**** ACTURAL CITY ADMINISTRATIVE APPROVAL FOR 52 UNITS ( 4 Floors above Parking Garage ) ****INDIVIDUAL WATER, GAS AND ELECTRIC METERS...PROJECTED ANNUAL GROSS INCOME - $ 1,200,000+ .... APPROX 6.1 CAP ..... ( Depending on Actual Rental Income )
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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-20T07:28:56.89. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.