701 Wilbur Ave, Antioch, CA 94509

$2,750,000
List Price
$2,750,000
Status
ACTIVE
MLS#
40846131
Price Change
▼ $100,000 1550715126
Days on Market
188
Year Built
2012
Property Type
Other
Lot Size
121,096
Acres
2.78
County
Contra Costa
Area
Antioch

Property Description

East San Francisco Bay Area city infill development opportunity. 1 mile from Antioch Bart station and recently expanded highway 4. The property features 2.78 acres of high density residential land zoned R-25. +/- 55 units "By Right" approval (Planning approval only). Higher density available with council approval. Property has existing rentals on the front one acre generating income while you build out the remaining land. Existing space perfect for a contractor yard, manufacturing shop/office with 3 phase power, and/or secured storage. Property near the Delta with fantastic views of Mount Diablo. Investor opportunities considered. Income includes owner occupied units at market rent. Attn. Affordable Housing Developers - Entitlements in place for 126 units with the purchase of the adjoining lot (not currently listed).

Additional Information

Basement
None
Exterior
Stucco
Lot Description
Premium Lot
Price Per Square Foot
544
Roof
Composition Shingles

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Statement Properties, LLC.