Property summary
This exceptional Emeryville, CA investment opportunity encompasses three buildings totaling 18,296 square feet on a 0.58-acre lot (APN 49-1492-1). The property, located at 1717-1727 64th Street, boasts a prime location adjacent to I-80, offering dramatic views. The existing structures include a 11,046 square foot office building, a 5,250 square foot office building, and a 2,000 square foot warehouse, all currently under short-term leases. The property is zoned MUR (Mixed Use Residential), presenting significant redevelopment potential. With a 2.0 base FAR and a 4.0 bonus FAR, a maximum building height of 100 feet is permitted, allowing for the construction of up to 78 multifamily units. The site offers no parking minimum requirements and no setback requirements, maximizing buildable area. The site's dimensions are approximately 174.23 linear feet along Christie Street and extends approximately 145 feet deep towards 64th Street. 64th and Christie Streets are two-lane asphalt paved streets with concrete curbs, gutters, and sidewalks. This property represents a unique chance to capitalize on Emeryville's thriving market and create a high-density mixed-use development. The asking price is $5,000,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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Zoning
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