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Transit-Oriented Multifamily Development Rights

10167 San Pablo Avenue El Cerrito, CA 94530

10167 San Pablo Avenue, El Cerrito, CA, 94530
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For Sale
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Pending

Entitled 62-unit multifamily residential development in a Transit Oriented Mixed Use zone with no BMR requirement.

Days on Market104

Property Features for 10167 San Pablo Avenue

General Information

Standard status
Pending
Property subtype
Multifamily
Listing agency Kidder Mathews San Francisco
Listed by Clayton D. Jew · License #CA 00834308
Source Crexi
Added: Apr 11 Updated: Jul 23 at 12:02AM Checked: Jul 23 at 6:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews San Francisco


Investment Insights

Based on property information with market context.

10167 San Pablo Avenue, known as “Avenue Lofts,” is being offered for purchase and investment as a multifamily residential project. The offering includes development rights tied to a 62-unit entitlement in process, with the stated expectation of obtaining full entitlements by June 2018.

The property is located in the heart of El Cerrito’s Downtown Theatre district. It is zoned Transit Oriented Mixed Use (TOHIMU), which the offering materials indicate will allow multifamily development with favorable parking parameters and inclusionary housing requirements. The development approval approach described includes no Below Market Requirement (BMR).

The seller is offering either participation as a capital partner or an acquisition of 100% fee simple interest and development rights related to the project.

Key Highlights

  • Entitled 62‑unit multifamily residential development at 10167 San Pablo Ave (Avenue Lofts) in El Cerrito, CA
  • Project site is zoned Transit Oriented Mixed Use (TOHIMU), allowing multifamily development
  • Transit‑oriented mixed‑use zoning includes favorable parking parameters and inclusionary housing requirements

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Garden Center Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Mobile Phone Store Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Entitled 62-unit multifamily residential development in a Transit Oriented Mixed Use zone with no BMR requirement.
Where is this apartment building located?
The property is located at 10167 San Pablo Avenue El Cerrito, CA.
What are key features of this property?
This property features: Entitled 62‑unit multifamily residential development at 10167 San Pablo Ave (Avenue Lofts) in El Cerrito, CA; Project site is zoned Transit Oriented Mixed Use (TOHIMU), allowing multifamily development; Transit‑oriented mixed‑use zoning includes favorable parking parameters and inclusionary housing requirements
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