Concord, CA 94523,1520 detroit
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Edie Israel

Edie Israel

+1(714) 623-3543
$ 10,500,000
Est. payment /mo
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Active

1520 detroit Concord, CA 94523

1.68 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41101840

HOA Y/N No

Lot Size 1.680 Acres

Property Description

The State Density Bonus Law could increase the maximum allowable unit count on this site. The total lot area is ±1.722 acres. At 100 units per acre, this would yield a base density of 171 units, with 26 units (>15%) designated as very-low income, a builder would potentially receive a density bonus of +50% that would increase the yield to 258 units at 150 units per acre. The new law that went into effect this year allows for a second density bonus whereby if you were to deed restrict another 26 units as moderate-income units, a second +50% bonus would be stacked on top of the first, in effect this would equal a +100% bonus allowing for 344 maximum units on the sites at 200 units per acre. Developments at this density would not be possible in wood frame construction. An alternative would be to build the units required by the City of Concord Inclusionary Housing Ordinance. For a rental project, the City of Concord requires either 10% low income or 6% very low-income units. By building these units, the project would receive all the benefits of Density Bonus law for easing entitlement (including waivers of development standards and concessions) by providing 11 very

Location

State CA

County Contra Costa

Zoning m

Interior

Fireplace No

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

CRMLS – RECore
Listed by Mark Traikoff Christie's Intl RE Sereno

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Sequoia Elementary School

    Public | KG - 5

  • 9

    Valhalla Elementary School

    Public | KG - 5

  • 9

    Monte Gardens Elementary School

    Public | KG - 5

  • 8

    Strandwood Elementary School

    Public | KG - 5

  • 7

    Pleasant Hill Elementary School

    Public | KG - 5

  • 7

    Bancroft Elementary School

    Public | KG - 5

  • 6

    Valle Verde Elementary School

    Public | KG - 5

  • 5

    Gregory Gardens Elementary School

    Public | KG - 5

  • 5

    Horizons Alternative

    Public | KG - 12

  • 5

    Woodside Elementary School

    Public | KG - 5

  • 5

    El Monte Elementary School

    Public | KG - 5

  • 4

    Fair Oaks Elementary School

    Public | KG - 5

  • 4

    Meadow Homes Elementary School

    Public | KG - 5

  • 4

    Sun Terrace Elementary School

    Public | KG - 5

  • 4

    Wren Avenue Elementary School

    Public | KG - 5

  • 2

    Floyd I. Marchus

    Public | KG - 12

  • 2

    Ygnacio Valley Elementary School

    Public | KG - 5

  • 1

    Cambridge Elementary School

    Public | KG - 5

  • 0

    Creative Play Center

    Private | PK - TKG

  • 0

    Christ the King Catholic School

    Private | KG - 8

Middle Schools 7
  • 7

    Valley View Middle School

    Public | 6 - 8

  • 7

    Sequoia Middle School

    Public | 6 - 8

  • 6

    Pleasant Hill Middle School

    Public | 6 - 8

  • 1

    Oak Grove Middle School

    Public | 6 - 8

  • 0

    Fusion Academy--Walnut Creek

    Private | 6 - 12

  • 0

    Diablo Community Day

    Public | 7 - 12

  • 0

    Seneca Centers Olivera School

    Private | 7 - 12

High Schools 10
  • 9

    College Park High School

    Public | 9 - 12

  • 4

    Ygnacio Valley High School

    Public | 9 - 12

  • 3

    Mt. Diablo High School

    Public | 9 - 12

  • 0

    Contra Costa County Regional Occupational Program

    Public | 9 - 12

  • 0

    Prospect High (Continuation)

    Public | 9 - 12

  • 0

    Carondelet High School

    Private | 9 - 12

  • 0

    De la Salle High School

    Private | 9 - 12

  • 0

    Olympic Continuation High School

    Public | 9 - 12

  • 0

    Crossroads High (Continuation)

    Public | 9 - 12

  • 0

    Spectrum Center - Ygnacio Campus

    Private | 10 - 12

School and business data provided by Attom Data.
Edie Israel

Edie Israel

Agent | License ID: 01399225

+1(714) 623-3543

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