268 Washington Ave Alameda, CA 94501
- Mixed-use properties
- 18,378 SF
- 0.42 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 268 Washington Ave
- Lot size
- 0.42 lot acres
- Property size
- 18,378 SF
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
This exceptional mixed-use development opportunity in San Leandro, Alameda County, California, presents a fully approved project encompassing 27 units and 2,520 square feet of retail space. Situated on a 0.419-acre lot at 268 Parrott St & 1595 Washington Ave (APN: 75-5-11, 75-5-12), this property is zoned Downtown Area 1 (DA-1) and offers significant potential. The total square footage is 18,378 square feet. Ample parking is provided with 27 spaces (one per unit) and an additional 18 bicycle parking spaces (0.7 per unit). The development includes three Below Market Rate (BMR) units, representing 15% of the total units. Detailed plans reflect a Floor Area Ratio (FAR) of 2.38 and a residential density of 61.6 units per acre. The project benefits from comprehensive professional planning, with Apex Civil Engineering and Land Surveying handling civil engineering and Levesque Planning and Design providing landscape architecture services. This prime location in the heart of San Leandro offers immediate access to major transportation routes and a vibrant urban environment. This is a rare opportunity to acquire a fully permitted and ready-to-build mixed-use development in a high-demand area. The property's location in Alameda County, California, and its zip code is 94501.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alameda
- County
- Alameda
- State
- California
- Longitude
- -122.282
- Latitude
- 37.7712