Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Alternative Medicine Practice Acupuncture
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Physician
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Medical Clinic
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Shopping Center & Mall
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Hair Salon Nail Salon
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C1 · Lafayette, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C1 in Lafayette, CA.
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