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Berkeley Development Opportunity with SB9 Eligibility
For Sale
$499,000
Pending

962 Regal Rd, Berkeley, CA 94708

Development opportunity in Berkeley's R-1H zoning district.

Property SizeContact for details
Lot Size0.18 Acres
Days on Market127

Property Features for 962 Regal Rd

General Information

Standard status Pending
Lot size 0.18 Acres
Property subtype Land
Listing Agency: Winkler Real Estate Group
Listed By: Daniel Winkler · License #01090765
Source: Elliman
Added: Apr 27 Changed: Aug 8 Last Checked: Aug 8 at 3:04PM

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 Winkler Real Estate Group

Investment Insights

Based on property information with market context.

This property presents a development opportunity within Berkeley’s R-1H zoning district, benefiting from SB 9 eligibility. SB 9 facilitates streamlined approval, eliminating the need for public hearings or use permits. The lot allows for the construction of one single-family home, a duplex, or two detached homes, each with the option for Accessory Dwelling Units (ADUs), without requiring a lot split or owner-occupancy. A lot split may enable further development configurations. Since January 2022, numerous projects have been approved in Berkeley’s R-1H zones. Buyers should verify development potential with the City of Berkeley Planning Department. The lot measures 51 feet by 150 feet, totaling 7,650 square feet. The site is mostly flat with gentle rolling terrain and offers privacy adjacent to Cragmont Rock Park. The rear of the property features mature California Redwoods, creating a natural setting. The zoning is R-1H. The bike score is 56, indicating bikeable conditions. The walk score is 74, indicating very walkable conditions. The transit score is 55, indicating good transit options.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop HVAC Service Kitchen & Bath Showroom Skin Care Clinic Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby

Demographics for 94708, CA

11,553
Population
5,048
Households
2.3
Avg Household Size
51
Median Age
88%
College-Educated
99%
High-School Grad
3.3 sq mi
ZIP Area
3,501
Density / Sq Mi
$229,004
Median Household Income
$104,449
Median Earnings
$2,926
Median Rent
$1,517,100
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development opportunity in Berkeley's R-1H zoning district.
Where is this residential land & home lot located?
The property is located at 962 Regal Rd Berkeley, CA.
What is the asking price?
The asking price for this property is $499,000.
More about this property
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