Transit-Oriented Multifamily Development
For Sale
Contact for pricing
Pending
10167 San Pablo Avenue, El Cerrito, CA 94530
Entitled 62-unit multifamily residential development in a Transit Oriented Mixed Use zone with no BMR requirement.
Property SizeContact for details
Days on Market122
Property Features for 10167 San Pablo Avenue
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
TOHIMU
Additional Details
Multifamily Units
62
Building Details
Tenancy
Multi
Listing Agency:
Kidder Mathews San Francisco
Listed By:
Clayton D. Jew · License #CA 00834308
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 10 at 4:19PM
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.
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
Property Profile
Current Use
Lease Details
62
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,041
Businesses Nearby
Explore this area
Business Placement
Demographics for 94530, CA
26,360
Population
11,404
Households
2.3
Avg Household Size
43
Median Age
66%
College-Educated
96%
High-School Grad
4.3 sq mi
ZIP Area
6,130
Density / Sq Mi
$127,731
Median Household Income
$66,739
Median Earnings
$2,434
Median Rent
$1,097,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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
