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    3483 Golden Gate Way Lafayette, CA 94549

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    For Sale
    Contact for pricing

    Shovel-ready, 71-unit condo project in Lafayette, CA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.47-acre development site in Lafayette, California, presents a unique opportunity to acquire a shovel-ready, 71-unit residential project. Located at 3483 Golden Gate Way, this fee-simple property is zoned C-1 and boasts a completed design by Levy Design Partners for a four-story building encompassing 65 condominium units and 6 townhomes. The project also includes an 86-space underground parking garage, 70 bike spaces, and a new public plaza and parklette. All entitlement work and permit approvals are complete, and demolition of the existing structure is finished. A significant portion of architectural and engineering fees, permits, and city fees have already been paid by the current owner. The building will utilize Type V-A construction over a Type 1-A podium. Ten below-market-rate (BMR) units are included, with four at low-income and six at very low-income levels. This prime location offers unparalleled convenience, with walking distance access to Whole Foods, Safeway, numerous restaurants, retail shops, and BART. The larger unit sizes and inclusion of coveted townhomes make this a highly desirable development opportunity in the affluent Lafayette submarket. APN: 243-232-027/028.

    Property Features for 3483 Golden Gate Way

    General Information

    Property type
    Multifamily properties
    Lot Size
    64,033 SF

    HighLights

    • 71‑unit shovel‑ready multifamily development opportunity in Lafayette's affluent submarket.
    • Prime location within walking distance of Whole Foods, Safeway, restaurants, retail, and BART.
    • Unit mix includes larger condominium‑style units and six desirable townhomes.
    • Demolition complete; substantial pre‑construction costs (A&E, permits, and city fees) already paid.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wei H. Lok, ... Acupuncturist Angela Laporta, CMT Doctor your perfect smile Medical Clinic Golden Gate Plaza Shopping Mall New Expressions-Beautiful Nail Beauty Salon

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Contra Costa
    State
    California
    Longitude
    -122.1154745
    Latitude
    37.8913898

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    FAQs

    What type of property is this?
    Multifamily property - Shovel-ready, 71-unit condo project in Lafayette, CA.
    Where is this multifamily property located?
    The property is located at 3483 Golden Gate Way Lafayette, CA.
    What are key features of this property?
    This property features: 71-unit shovel-ready multifamily development opportunity in Lafayette's affluent submarket.; Prime location within walking distance of Whole Foods, Safeway, restaurants, retail, and BART.; Unit mix includes larger condominium-style units and six desirable townhomes.
    (925) 838-8826
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    3483 Golden Gate Way Lafayette, CA 94549
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    Lafayette, CA 94549
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3483 Golden Gate Way Lafayette, CA 94549
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