125 Aspen Dr, Pacheco, CA 94553-5615
- Commercial land
- 1,103 SF
- 0.45 lot acres
Current Use by Public Records
- Commercial land
Property Details for 125 Aspen Dr
- Year built
- 1959
- Lot size
- 0.45 lot acres
- Zone code
- O-1
- Property type
- Commercial land
- APN
- 125-140-005-5
- APU
- 1251400055
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 5, 2021 | — | Ariya Olaee | Ariya Olaee | Intrafamily Transfer · related | — |
| Aug 27, 2020 | $280,000 | Ariya Olaee | Zavala Family Trust | Grant Deed | — |
| Aug 22, 2001 | — | Zavala Trust | Zavala,richard R & Gail I | Quit Claim Deed · related | — |
| Apr 9, 1999 | $129,000 | Siegworth,vicki L | Joihn A Winters Estate | Trustees Deed | — |
| — | — | Richard R Zavala | — | Deed Of Trust · related | $135k · Capitol Commerce Mortgage Co |
| Jan 9, 1964 | — | — | — | Grant Deed · related | — |
Description
This exceptional 19,602 sq ft lot, located at 125 Aspen Drive in Pacheco, CA 94553, presents a remarkable multifamily development opportunity. Zoned HE-C, the property allows for an 18-unit, three-story building by right. However, a recently adopted ordinance permits expansion to a four-story structure with up to 27 units, significantly increasing potential returns. The $1,290,000 asking price translates to $65.80 per square foot. This highly desirable location boasts convenient access to major transportation arteries, including Interstate 680 and State Highway 4, placing residents within easy reach of employment centers and amenities. Less than a mile from Buchanan Field Airport, the site also benefits from proximity to Diablo Valley College, numerous schools (elementary, middle, and high), major retail establishments, and recreational facilities including parks and golf courses. The area exhibits a low crime index and a walkability score of 74. Furthermore, the high demand rental market is underscored by the fact that 59% of households within a 5-mile radius consist of one or two people. Public transportation is readily available, with the North Concord/Martinez and Concord BART stations located just 3 miles away, providing convenient access to San Francisco (43-minute commute). World-class healthcare facilities, such as John Muir Hospitals and Medical Campus, are also within a reasonable distance. This property offers a compelling investment prospect for developers seeking a prime location with significant upside potential.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Pacheco
- County
- Contra Costa
- State
- California
- Longitude
- -122.07
- Latitude
- 37.9863
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
