562 21st Street Oakland, CA 94612

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Collin Lester
6 years ago
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562 21st Street Oakland, CA 94612 12 Unit Development Opportunity Offered

Architects Greg Martinez, Architect Flat vacant infill lot delivered

1 562 21st Street Oakland, CA Unit Development Opportunity Offered at $475,000 Architectural plans delivered entitled Kotas/Pantaleoni Architects Greg Martinez, Architect Flat vacant infill lot delivered cleared Suzanne Gregg

[ Property Highlights ] OFFERING DETAILS Price $475,000 Lot size (sq.ft) 4000 Price per sq.ft $118.75 Lot size (Acres).

2 [ Property Highlights ] OFFERING DETAILS Price $475,000 Lot size (sq.ft) 4000 Price per sq.ft $ Lot size (Acres).091 Zoning C-51/S-17 Occupancy Mixed Use R1 over S3 BUILDING DETAILS Habitable space Deck space Bldg. footprint 2nd Floor sq.ft 3rd Floor sq.ft 4th Floor sq.ft 5th Floor sq.ft 9,746 sq.ft* 1,101 sq.ft* 4,000 sq.ft* (*Estimated As Per Architectural Drawings) PROJECT DETAILS APN: Flat infill lot used as parking lot delivered cleared Architectural plans delivered approved 5 Story multi-family building - 4 over garage 2 Multi-family units plus garage 4-1bd/1ba with deck (602 SF each) 4-2bd/1.5ba with deck ( SF) 4-2 bd/2ba with decks and some patios ( SF) 12 Car Garage - 4 independent w/ 8 car auto-stacker

3 [ Property Development Description ] About the Location Located on 21st Ave. between Telegraph and San Pablo, this project was conceived as a contemporary multi-family 12 unit mid-rise only blocks from downtown Oakland s City Center. It will be constructed in Oakland s commercial district near multiple parks, the historic Paramount theatre, close to shopping Plazas, Sears & Co., Bed, Bath & Beyond, near many restaurants and local services. Only 1 block from the Forest View Project, an uptown mixed-use condominium project under construction in partnership with the city of Oakland which covers 2 blocks and will offer 1000 plus new units, including vast commercial space and a new park st St. is situated on a quiet one way street near several Victorian Single Family Homes, other apartment buildings and offers easy access to 580 freeway at 14th St. About the Design The design was implemented by renowned and award winning architects Kostas-Pantaleoni of San Francisco and drawn by Bert Martinez, Architect; as a 12 unit mid-rise contemporary Multi-family building. It s design is modern and spare, using traditional forms with contemporary finishes like, recesses, decking, and clapboard siding and features a common area roof deck. It is a straight forward build with a Southern exposure. Conceptualized to stand out from other unit offerings in the downtown area, it was conceptualized to attract the entry level buyer purchasing in the $400K-$550K range. About the Project The 5 story elevation features a 1st floor 12 car garage, (1 space per unit) including an 8 space auto stacker. The unit mix offers 12 units on 4 floors above the garage. The floor plans and outdoor space vary in size, 1 Bedroom/1 Bath, 2 Bedroom/1.5 Bath and 2 Bedroom/2Bath. All have a balcony or outdoor living space, some feature patios and all include separately metered gas fireplaces. The building has a common area roof deck with City lites views. There is an elevator to all floors, double glazed windows planned and laundry hook-ups can be made available in each unit. The large lobby is formal. The finishes are the choice of the builder meeting the final asking price per unit in the $400K- $550K range. The building area is on a vacant infill flat lot, accessed for building from all sides and will be delivered cleared. About Entitlements Currently, the architectural plans are in the final phase of approval. The survey and tentative maps have been submitted for final plan approval. The architect is prepared to draw the structural/engineering plans upon request. Estimated time for preparing plans is 2 months and building permits approval suggested to be 2 months. This project is approximately 4 months from breaking ground. This offering is positioned to sell with the approved architectural plans included, and for the prospective buyer to complete structural plans and the permit review diligence phase, independent of this transfer.

Close to the Historic Paramount Theatre Open to build on all sides on a flat vacant infill lot delivered cleared.

4 [ Location ] Between Telegraph Ave. and San Pablo Ave. Blocks from Oakland s City Center Local shopping, restaurants and services steps from House Blocks from Lake Merritt, Snow Park and Alia Park Behind Sears & Co. Close to the Historic Paramount Theatre Open to build on all sides on a flat vacant infill lot delivered cleared. Located in residential mixed commercial zone Easy access to 580 Fwy 1 Block from Forest View 1000 Unit Planned development including commercial and a new park built in partner with the City of Oakland and currently under construction. Positioned in an area where housing for entry level buyers is rarely available.

5 [ Ground Level Garage Plan ] 4 Independent spaces and auto-stacker for 8 cars Formal lobby and elevator

6 [ Second - Floor Plan ] 3 Units residential each floor 3 additional floors show similar plan

MULTI-FAMILY OPPORTUNITY 2130 S. Camino St., Anaheim, CA 92802

MULTI-FAMILY OPPORTUNITY 2130 S. Camino St., Anaheim, CA 92802 MULTIFAMILY OPPORTUNITY 2130 S. Camino St., Anaheim, CA 92802 Exclusively Listed By Richard Bell and Gregg Horvath 7143093549 Richard's Cell 7142900298 Gregg's Cell Richard@bellrealtyca.com GreggHorvath@aol.com