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    3483 Golden Gate Way Lafayette, CA 94549
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    Property profile & analytics

    3483 Golden Gate Way, Lafayette, CA 94549

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    • Apartment buildings
    • 27,040 SF
    • 1.11 lot acres
    Downtown Lafayette Development Opportunity For Sale
    $10,135,000

    Downtown Lafayette Development Opportunity

    Shovel-ready development site in Downtown Lafayette with approved permits.

    3483 Golden Gate Way, Lafayette, CA 94549
    View Listing
    Property ID
    US10-2858550
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    3.4%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Wei H. Lok, Lac / Alternative Medicine Practice / Acupuncture
    • Angela Laporta, CMT / Physician
    • your perfect smile / Medical Clinic
    • Golden Gate Plaza / Shopping Center & Mall
    • New Expressions-Beautiful Nail / Hair Salon / Nail Salon

    Property Details for 3483 Golden Gate Way

    Year built
    1962
    Lot size
    1.11 lot acres
    Zone code
    C1
    Property type
    Apartment buildings
    APN
    243-232-027-9
    APU
    2432320279

    Description

    This exceptional 1.47-acre development site in Lafayette, California, presents a unique opportunity to acquire a shovel-ready, 71-unit residential project. Located at 3483 Golden Gate Way, this fee-simple property is zoned C-1 and boasts a completed design by Levy Design Partners for a four-story building encompassing 65 condominium units and 6 townhomes. The project also includes an 86-space underground parking garage, 70 bike spaces, and a new public plaza and parklette. All entitlement work and permit approvals are complete, and demolition of the existing structure is finished. A significant portion of architectural and engineering fees, permits, and city fees have already been paid by the current owner. The building will utilize Type V-A construction over a Type 1-A podium. Ten below-market-rate (BMR) units are included, with four at low-income and six at very low-income levels. This prime location offers unparalleled convenience, with walking distance access to Whole Foods, Safeway, numerous restaurants, retail shops, and BART. The larger unit sizes and inclusion of coveted townhomes make this a highly desirable development opportunity in the affluent Lafayette submarket. APN: 243-232-027/028.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $12,565,000
      ML approach
      $9,200,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $7,165,000
      6.5%
      $6,615,000
      7%
      $6,140,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,435,000
      Market price range: $4.30M - $10.8M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $7,380,000
      Current use
      RESTAURANT
      $11,825,000
      Change: +60% Conversion: Difficult
      MEDICAL BUILDING
      $9,820,000
      Change: +33% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $9,410,000
      Change: +27% Conversion: Moderate
      OFFICE BUILDING
      $9,295,000
      Change: +26% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $7,170,000
      Change: -3% Conversion: Difficult
      RETAIL STORES
      $6,505,000
      Change: -12% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Contra Costa
    State
    California
    Longitude
    -122.116
    Latitude
    37.8912
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $101,974
    $9,082,080
    $1,020
    $9,083,100
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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