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Listed by Remy Fortier, DRE #01804315 • EXP Realty of California, Inc
$1,250,000
Est. payment /mo
0.63 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID BE41146807
Lot Size 0.629 Acres
Property Sub-Type Other Residential Land
Source Bay East
Property Description
Rare Hayward infill development opportunity along the dynamic W. Tennyson Road corridor. This approximately 0.62-acre / 26,865 SF site offers a compelling opportunity for a residential developer to explore multifamily, mixed-income, affordable, senior or supportive housing in one of the East Bay's established and evolving communities. Hayward continues to prioritize new housing production, and qualifying projects may benefit from California and City of Hayward density-bonus provisions, development incentives, concessions and potential waivers that can significantly enhance development potential. Preliminary analysis suggests a conventional density scenario could support approximately 17 units before considering potential density bonuses, while qualifying affordable-housing strategies may create opportunities for additional units and greater density. Preliminary discussions have also contemplated development up to approximately 40 feet / four stories, subject to City review and all applicable development standards. The irregularly shaped site offers prominent W. Tennyson Road frontage together with rear access to Encina Street, creating an interesting canvas for creative site planning and circulation. The location provides convenient access to major East Bay transportation corri
Location
State CA
County Alameda
Area Hayward
Zoning comm
Exterior
Fence Fenced
Utilities Available Electricity - On Site, Gas - On Site
Building
Lot Description Surveyed - No, Building Pad - Yes, Corners Marked, Grade - Level
Sewer Sewer Available
Water Water On Site
Others
Tax ID 453-70-107
Special Listing Condition Not Applicable
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Eric & Janelle Boyenga
Realtors DRE01254724 / 01254725
Realtors DRE01254724 / 01254725