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Executive Summary
For Sale Downtown Berkeley Multi-Family Development Site, Fully Entitled Project. 23,655 sq. ft. corner lot. This project would demolish an existing commercial building. Project is comprised of two buildings, which will include a total of 97 residential units of which there are 49 studio units, 20 1-bedroom units, 18 2-bedroom units, 10 3-bedroom units (townhomes). There will be 135 total bedrooms and there will be 10 VLI Very Low Income units. The ground floor will have two retail spaces totaling 2,117 sq.ft.. Max height is 85 feet. The westerly building is eight stories and the easterly building is six stories and they are connected by a bridge. There is 4,720 sq.ft. of useable open space including an exterior courtyard and garden, roof top deck, and publicly accessible open space. Project includes 41 parking spaces, and a 48 space bike room.
The property is zoned C-AC Adeline Corridor Mixed Use. APN # 55-1826-18-2
For further information contact John Norheim jn@noryost.com 510-501-3491
The property is zoned C-AC Adeline Corridor Mixed Use. APN # 55-1826-18-2
For further information contact John Norheim jn@noryost.com 510-501-3491
Property Facts
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 50 | - | - |
| 1+1 | 47 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 055-1826-018-02 | Improvements Assessment | $5,174,100 CAD |
| Land Assessment | $1,891,042 CAD | Total Assessment | $7,065,142 CAD |
Property Taxes
Parcel Number
055-1826-018-02
Land Assessment
$1,891,042 CAD
Improvements Assessment
$5,174,100 CAD
Total Assessment
$7,065,142 CAD
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