3020 San Pablo Ave Berkeley, CA 94702
This fully entitled, shovel-ready development site in West Berkeley, CA (APN 53-1364-4-1), presents a unique mixed-use investment opportunity. Located at 3020 San Pablo Avenue, this ±9,104 sq ft lot boasts approved plans for a five-story building encompassing 29 residential units (including four inclusionary units) and one ground-floor commercial space. The design, by Joe DeCredico Studio, features open floor plans, tall ceilings, abundant natural light, and private balconies in each unit. A rooftop deck with gardens is also planned. The building will offer 26 parking spaces on a lower level via a three-tier lift system, plus five additional on-grade spaces. The property is zoned C-W and has active building permits under review. With a Walk Score of 93 and a Bike Score of 92, residents will enjoy easy access to Berkeley's vibrant amenities, including numerous restaurants, shops, and businesses. Convenient public transportation options include nearby AC Transit bus stops (including the "J" line with express service to San Francisco's SOMA district) and proximity to Emeryville and Ashby BART stations. The site also offers easy access to Interstates 80 and 580, as well as Highways 13 and 128, and is close to the Emeryville Greenway. The total square footage is 33,645 sq ft, with 28,307 sq ft of net rentable space. The asking price is $4,390,000, and the property is offered fee simple.
-
Greenway Lofts Apartment Complex
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.