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Multi-Family

921 Kearney

921 Kearney, El Cerrito, CA 94530

Listing Price: $2,100,000

Lot Size
0.31 acres
Price/Acre
$6,844,957
Land Type
Land
Buildable Square Feet
52,811

Investment Overview

Located in the heart of a commercially zoned district, surrounded by vibrant retail and service tenants. The site is currently a vacant lot, so no demo will be necessary. A parking lot borders the project site to the north, single-family home to the south, and a mixed use and retail property to the west. The surrounding buildings on the block which 921 Kearney street sits on consists of a mix of both attached and detached singled family residences along with a couple of multi-family rental buildings.

The site is well-served by public transit. The El Cerrito Plaza BART station is located .8 miles to the
south. Several bus lines directly serve 921 Kearney Street at the Moeser Lane stop on San Pablo
Avenue, which is less than a block from the property. The Moeser Lane stop includes the AC Transit
72,72N,72R, 667, 800, and the L line providing local access throughout the East Bay and direct
access to San Francisco on the rapid 72 lines.

The project site is located within the City’s San Pablo Avenue Specific Plan boundaries and is
designated as a Transit-Oriented Mid-Intensity Mixed Use (TOMIMU) zoning district. This designation
allows the proposed Multiple Family Residential project as a permitted use.

Investment Highlights

  • 921 Kearney is a fully-vested SB 330-compliant, 60-unit, 6-story residential project on a 13,364 SF lot (GBA 52,811 SF) in El Cerrito's Downtown Transit District, Walk Score 91.
  • The El Cerrito/Berkeley submarket is among the strongest in the U.S., leading the East Bay with $3,248 avg. rent and a $1.1M median home price.
  • These two properties are within a short walking distance to each other and the location offers easy access to all the San Francisco Bay Area has to offer.

Exclusively Listed By

Multi-Family

921 Kearney

Listing Price: $2,100,000

Lot Size
0.31 acres
Price/Acre
$6,844,957
Land Type
Land
Buildable Square Feet
52,811

Investment Highlights

  • 921 Kearney is a fully-vested SB 330-compliant, 60-unit, 6-story residential project on a 13,364 SF lot (GBA 52,811 SF) in El Cerrito's Downtown Transit District, Walk Score 91.
  • The El Cerrito/Berkeley submarket is among the strongest in the U.S., leading the East Bay with $3,248 avg. rent and a $1.1M median home price.
  • These two properties are within a short walking distance to each other and the location offers easy access to all the San Francisco Bay Area has to offer.

Investment Overview

Located in the heart of a commercially zoned district, surrounded by vibrant retail and service tenants. The site is currently a vacant lot, so no demo will be necessary. A parking lot borders the project site to the north, single-family home to the south, and a mixed use and retail property to the west. The surrounding buildings on the block which 921 Kearney street sits on consists of a mix of both attached and detached singled family residences along with a couple of multi-family rental buildings. The site is well-served by public transit. The El Cerrito Plaza BART station is located .8 miles to the south. Several bus lines directly serve 921 Kearney Street at the Moeser Lane stop on San Pablo Avenue, which is less than a block from the property. The Moeser Lane stop includes the AC Transit 72,72N,72R, 667, 800, and the L line providing local access throughout the East Bay and direct access to San Francisco on the rapid 72 lines. The project site is located within the City’s San Pablo Avenue Specific Plan boundaries and is designated as a Transit-Oriented Mid-Intensity Mixed Use (TOMIMU) zoning district. This designation allows the proposed Multiple Family Residential project as a permitted use.

Exclusively Listed By

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