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    3746 Mt Diablo Blvd Lafayette, CA 94549

    Sponsored
    For Sale
    Contact for pricing

    1.91 Acres, 155+ Units Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.91-acre property in Lafayette, CA, presents a unique mixed-use development opportunity. Located in the desirable West End District, the site boasts a prime location near restaurants, retail, the Lafayette Reservoir, and Oakwood Athletic Club. Currently zoned C (General Commercial), the property offers significant upside potential with a new 60 units per acre density allowance, allowing for approximately 114 to 155 units (with a potential 35% state density bonus). The existing approximately 48,000 square feet of office space is approximately 60% leased, generating substantial income while entitlements are processed. This represents the largest contiguous parcel of unentitled land in this ultra-premium submarket, offering a covered land play with strong underlying fundamentals. Easy access to Highway 24 and BART provides convenient connectivity. The fee-simple ownership and APN 241-010-047/048 further enhance this compelling investment opportunity. The property includes 155 units across multiple buildings, classified as Class B. This is a rare chance to capitalize on the revitalization of Lafayette's West End and the high demand for housing in this affluent community. The property consists of a multifamily component, office space, and land, offering flexibility for a variety of development scenarios.

    Property Features for 3746 Mt Diablo Blvd

    General Information

    Property type
    Multifamily properties
    Class
    B
    Lot Size
    83,200 SF

    Building Details

    Units
    155

    HighLights

    • Prime Downtown West End location, walkable to amenities.
    • 1.91‑acre site, largest contiguous unentitled parcel in Lafayette's premier submarket.
    • C‑zoned, allowing for high‑density development (up to 155 units with density bonus).
    • Existing 48,000 SF office building, ~60% leased, provides immediate income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sharlene Hanaway, MFT Family Counselor JULIA GLYDE STUDIOS, ... Business To Business Service Dynamic Nails Nail Salon Dr. Emily Tucker, ... Child Psychologist 24 West Productions Video Production Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Contra Costa
    State
    California
    Longitude
    -122.13391141812
    Latitude
    37.89007672061

    Nearby Comparable

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    Nearby Similar for Sale

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      Lafayette Owner/User Opportunity

      25,789 SF office building in Lafayette's downtown core.
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      Premium office space near downtown Lafayette and Highway 24.
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      Moraga Road Retail Opportunity

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      Single-Tenant Retail Building For Sale

      Single-tenant retail building leased through August of 2027.
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      Lafayette Office Space Available

      Office property with 12,570 SF available in Lafayette, CA.
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      Two-Story Office/Retail Building For Sale

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      Lafayette Executive Office Building

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      Desco Plaza II: Lafayette Office Building

      Prime Lafayette Office: 25,789 SF Owner/User
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    FAQs

    What type of property is this?
    Multifamily property - 1.91 Acres, 155+ Units Potential
    Where is this multifamily property located?
    The property is located at 3746 Mt Diablo Blvd Lafayette, CA.
    What are key features of this property?
    This property features: Prime Downtown West End location, walkable to amenities.; 1.91-acre site, largest contiguous unentitled parcel in Lafayette's premier submarket.; C-zoned, allowing for high-density development (up to 155 units with density bonus).
    Request Owner's contact information
    3746 Mt Diablo Blvd 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
    3746 Mt Diablo Blvd Lafayette, CA 94549
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