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    PRIME OAKLAND DUAL-PARCEL DEVELOPMENT OPPORTUNITY


    Exceptional flexibility and investment potential on a high-visibility MacArthur Blvd transit corridor. Two level, contiguous lots (~10,014 SF total; APNs 046-5490-003-00 & 046-5490-004-00), this site features two distinct, city-reviewed project paths for non-profit and private market-rate developers.

    OPTION 1: DENSE AFFORDABLE / SUPPORTIVE HOUSING (49 UNITS) Leverage approved 2023 design review plans under CA AB 2162 ministerial, by-right streamlining. Plans specify a 6-story, 37,361 GSF podium building featuring 49 total units (48 studios + 1 manager unit), 7,450 SF of ground-floor supportive/common service space, and 23 garage parking spaces.

    OPTION 2: PRIVATE / MARKET-RATE INFILL (8 UNITS + COMMERCIAL) For traditional builders seeking simpler construction, the site previously received Development Permit approval (PLN19039) for a 3-story mixed-use project featuring 8 residential townhomes (19,125 SF total) and 1,200 SF of ground-floor retail.


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    PRIME OAKLAND DUAL-PARCEL DEVELOPMENT OPPORTUNITY


      Exceptional flexibility and investment potential on a high-demand Emeryville/West Oakland transit corridor. Dual-parcel, contiguous lots (~8,751 SF total; APNs 005-0471-005-00 & 005-0471-006-00 in a Federal Opportunity Zone), this site features dual-zoning (RM-2 & RU-5) with two distinct, high-yield development paths.
    OPTION 1: DENSE AFFORDABLE / SUPPORTIVE HOUSING (35–48 UNITS) Leverage State Density Bonus, SB 330, and AB 2011 for ministerial, by-right (CEQA-exempt) streamlining. Non-profit LIHTC/PSH developers can mass up to 5 stories (35–48 units) at an ultra-low land basis (~$9k–$12k/door) that easily passes strict public grant underwriting.
    OPTION 2: PRIVATE MARKET-RATE / INFILL MULTI-FAMILY For private builders seeking high yield, construct up to 5 stories of market-rate housing or micro-units. Leverage AB 2097 to eliminate parking minimums, bypassing costly subterranean garage construction. 



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