Executive Summary 623, 631, 653, 659, 675 Jackson Street, Hayward, CA

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Brett Houston
6 years ago
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1 Executive Summary 623, 631, 653, 659, 675 Jackson Street, Hayward, CA The Opportunity: Dutra Land & Consulting Services, Inc. (DL&CS) is pleased to offer approximately 2.03 acres of land for high density housing. APNs: (0.28 ac.); (1.28 ac.); (0.08 ac.); (0.08 ac.) and (0.31 ac.) Zoning: The property is zoned medium density residential (8.7 to 17.4 units per acre). The City of Hayward has indicated that the zoning and General Plan can be modified to High Density Residential similar to the existing project next door which currently has 72 Apartment units on 1.79 acres. General Plan: Medium Density Residential (MDR) Entitlements/Timing: A tentative subdivision map with a negative declaration is required. It is anticipated that the processing time for entitlements is 9-12 months. The entitlement risk is regarded to be very low. Grading and demolition are permitted after final approval of a tentative subdivision map. Environmental Review: Buyer to obtain Phase I & II clearances necessary for a negative declaration. Market Review: The subject property offers a unique inter-bay high density development opportunity. Also, the parcel may be suitable for medical offices, daycare, school, religious facility, general office and other like uses. Proposed Terms and Conditions: o Purchase Price: $1,595,000 o Feasibility Period: 60 days after full execution of the Purchase and Sale Agreement. o Feasibility Deposit: $50,000 to be released prior to the end of the Feasibility Period. Once released, said deposit shall be nonrefundable but be applicable to the purchase price at closing. o Additional Deposits: $50,000 each 90-day period after the Feasibility Period. Each additional deposit, once made, shall be nonrefundable but be applied to the purchase price at closing. o Close of Escrow: The close of escrow should occur within 12 months of the end of the feasibility period, or 10 days after final approval of a tentative subdivision map plus appeal period, whichever occurs first. Please feel free to contact either John A. Dutra or Tony Dutra at Dutra Land & Consulting Services: John A. Dutra Tony F. Dutra Ext 2 (Wk) Ext 3 (Wk) john@dutraenterprises.com (Cell) DRE # tony@dutraenterprises.com DRE # rev. 3/8/12

4 Image is not available for this location: Assessor Info and Map Extended Property Report Property Tax Information Jump to Measure Tool App. APN: Acres: 0.28 Site Address: 623 JACKSON ST Mailing Address: 2515 HILLEGASS AVE, BERKELEY, CA, All Parcel Addresses: Owner: Zoning: General Plan: Historic Resources: Neighborhood: Redevelopment: 623 JACKSON ST ZAYTUNA INSTITUTE FOR THE REVIVAL OF ISLAMIC SCI RM: Medium Density Residential HDR: High Density Residential M Jackson Triangle N/A Census Tract: Jurisdiction: Sidewalk Repair: Reporting District: Street Sweeping Schedule: Elementary Attendance: Middle School Attendance: High School Attendance: Flood Zone: Flood Panel: Seismic Landslide Hazard: Seismic Liquefaction Hazard: Within Fault Zone: City of Hayward 2 - Orchard Hayward Hills CR1670 2nd and 4th Friday School Attendance Areas East Avenue Bret Harte Hayward Hazards X - (more info) 06001C0287G

6 Image is not available for this location: Assessor Info and Map Extended Property Report Property Tax Information Jump to Measure Tool App. APN: Acres: 1.28 Site Address: 631 JACKSON ST Mailing Address: 2515 HILLEGASS AVE, BERKELEY, CA, All Parcel Addresses: Owner: Zoning: General Plan: Historic Resources: Neighborhood: Redevelopment: 631 JACKSON ST ZAYTUNA INSTITUTE FOR THE REVIVAL OF ISLAMIC SCI RM: Medium Density Residential MDR: Medium Density Residential Jackson Triangle N/A Census Tract: Jurisdiction: Sidewalk Repair: Reporting District: Street Sweeping Schedule: Elementary Attendance: Middle School Attendance: High School Attendance: Flood Zone: Flood Panel: Seismic Landslide Hazard: Seismic Liquefaction Hazard: Within Fault Zone: City of Hayward 2 - Orchard Hayward Hills CR1670 2nd and 4th Friday School Attendance Areas East Avenue Bret Harte Hayward Hazards X - (more info) 06001C0287G

8 Image is not available for this location: Assessor Info and Map Extended Property Report Property Tax Information Jump to Measure Tool App. APN: Acres: 0.08 Site Address: 653 JACKSON ST Mailing Address: 2515 HILLEGASS AVE, BERKELEY, CA, All Parcel Addresses: Owner: Zoning: General Plan: Historic Resources: Neighborhood: Redevelopment: 653 JACKSON ST ZAYTUNA INSTITUTE FOR THE REVIVAL OF ISLAMIC SCI RM: Medium Density Residential MDR: Medium Density Residential Jackson Triangle N/A Census Tract: Jurisdiction: Sidewalk Repair: Reporting District: Street Sweeping Schedule: Elementary Attendance: Middle School Attendance: High School Attendance: Flood Zone: Flood Panel: Seismic Landslide Hazard: Seismic Liquefaction Hazard: Within Fault Zone: City of Hayward 2 - Orchard Hayward Hills CR1670 2nd and 4th Friday School Attendance Areas East Avenue Bret Harte Hayward Hazards X - (more info) 06001C0287G

10 Image is not available for this location: Assessor Info and Map Extended Property Report Property Tax Information Jump to Measure Tool App. APN: Acres: 0.08 Site Address: 659 JACKSON ST Mailing Address: 2070 ALLSTON WAY 300, BERKELEY, CA, All Parcel Addresses: Owner: Zoning: General Plan: Historic Resources: Neighborhood: Redevelopment: 659 JACKSON ST ZAYTUNA INSTITUTE FOR THE REVIVAL OF ISLAMIC SCI RM: Medium Density Residential MDR: Medium Density Residential Jackson Triangle N/A Census Tract: Jurisdiction: Sidewalk Repair: Reporting District: Street Sweeping Schedule: Elementary Attendance: Middle School Attendance: High School Attendance: Flood Zone: Flood Panel: Seismic Landslide Hazard: Seismic Liquefaction Hazard: Within Fault Zone: City of Hayward 2 - Orchard Hayward Hills CR1670 2nd and 4th Friday School Attendance Areas East Avenue Bret Harte Hayward Hazards X - (more info) 06001C0287G

12 Image is not available for this location: Assessor Info and Map Extended Property Report Property Tax Information Jump to Measure Tool App. APN: Acres: 0.31 Site Address: 675 JACKSON ST Mailing Address: 2084 WALLSH AVE B1, SANTA CLARA, CA, All Parcel Addresses: Owner: Zoning: General Plan: Historic Resources: Neighborhood: Redevelopment: 675 JACKSON ST AMEEN HOUSING COOPERATIVE CALIFORNIA INC RM: Medium Density Residential MDR: Medium Density Residential L Jackson Triangle N/A Census Tract: Jurisdiction: Sidewalk Repair: Reporting District: Street Sweeping Schedule: Elementary Attendance: Middle School Attendance: High School Attendance: Flood Zone: Flood Panel: Seismic Landslide Hazard: Seismic Liquefaction Hazard: Within Fault Zone: City of Hayward 2 - Orchard Hayward Hills CR1670 2nd and 4th Friday School Attendance Areas East Avenue Bret Harte Hayward Hazards X - (more info) 06001C0287G

City of Los Angeles Department of City Planning

City of Los Angeles Department of City Planning PROPERTY ADDRESSES 533 E ROSE AVE ZIP CODES 90291 RECENT ACTIVITY APCW-2009-1115-SPE-CUB-CU- -CDP-SPP-MEL DIR-2008-4703-DI CASE NUMBERS APCW-2009-1115-CUB-SPE-CU- -CDP-SPP-MEL CPC-2005-8252-CA CPC-2000-4046-CA