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Property profile & analytics
FOR SALE
Office buildings

3746 Mt Diablo Blvd Lafayette, CA 94549

33,878 SF 1.54 ac lot Built 1978
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-2166489
Property summary
AI-generated overview

This exceptional 1.91-acre property in Lafayette, CA, presents a unique mixed-use development opportunity. Located in the desirable West End District, the site boasts a prime location near restaurants, retail, the Lafayette Reservoir, and Oakwood Athletic Club. Currently zoned C (General Commercial), the property offers significant upside potential with a new 60 units per acre density allowance, allowing for approximately 114 to 155 units (with a potential 35% state density bonus). The existing approximately 48,000 square feet of office space is approximately 60% leased, generating substantial income while entitlements are processed. This represents the largest contiguous parcel of unentitled land in this ultra-premium submarket, offering a covered land play with strong underlying fundamentals. Easy access to Highway 24 and BART provides convenient connectivity. The fee-simple ownership and APN 241-010-047/048 further enhance this compelling investment opportunity. The property includes 155 units across multiple buildings, classified as Class B. This is a rare chance to capitalize on the revitalization of Lafayette's West End and the high demand for housing in this affluent community. The property consists of a multifamily component, office space, and land, offering flexibility for a variety of development scenarios.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Total area 33,878 SF
Lot 1.54 ac (66,865 SF)
APN 241-010-047-9
UPID US10-2166489
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sharlene Hanaway, MFT Family Counselor
  • JULIA GLYDE STUDIOS, SUITE 101 Business To Business Service
  • Dynamic Nails Nail Salon
  • Dr. Emily Tucker, Ph.D., ABSNP Medical Clinic Physician
  • 24 West Productions Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$11.84M
CAP Approach CAP
$10.05M
Comparable Approach Comparable
$8.59M
Blend (final) Blend
$10.28M
Owner & transaction history
Oak Hill Grove LLC · 3 yrs held
Oak Hill Grove LLC
since 2023
Last sale
$9.9M
3 recorded transactions
2023
Price N/A
2021
Price N/A
2018
$9.9M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $14.8M +27.2%
Medical building $12.3M +5.7%
Commercial (general) $11.8M +1.3%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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