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Investment Highlights
- The property is designated as a High Resource Area on the 2026 CTCAC/HCD Opportunity Map.
- The City may consider a reduced land purchase price for qualifying affordable housing proposals.
- The site is located within an established residential neighborhood with existing infrastructure and community services.
- Zoning includes a Housing Opportunity Site Overlay supporting residential development objectives.
- Development standards permit up to three stories in height and a maximum density of 30 dwelling units per acre.
- Downtown Benicia and the historic waterfront are located approximately one mile from the property.
Executive Summary
The City of Benicia wishes to engage a qualified developer to design, build, finance, operate, and maintain a housing project.
The proposed development must include a minimum of 9 units, at least 4 of which should be affordable to moderate income households pursuant to the City’s Housing Element.
Preference will be given to proposals with greater affordability.
The City desires to transfer fee simple title of the Project Site and will not consider a ground lease deal structure.
The proposed development must include a minimum of 9 units, at least 4 of which should be affordable to moderate income households pursuant to the City’s Housing Element.
Preference will be given to proposals with greater affordability.
The City desires to transfer fee simple title of the Project Site and will not consider a ground lease deal structure.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.43 AC |
| Property Type | Land | Parcel Number | 0089-074-030 |
| Property Subtype | Residential | ||
| Zoning | RS with HOS Overlay | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.43 AC |
| Zoning | RS with HOS Overlay |
| Parcel Number | 0089-074-030 |
1 Lot Available
Lot
| Lot Size | 0.43 AC |
| Lot Size | 0.43 AC |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
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East I Street - APN 0089-074-030
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