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ENTER MULTI - FAMILY DEVELOPMENT SITE CENTRAL EL CERRITO NEAR BART

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Page 1: MULTI FAMILY DEVELOPMENT SITE ENTRAL EL ERRITO NEAR ART · MULTI-FAMILY DEVELOPMENT SITE ±10,000 SF WITH 55’ HEIGHT LIMIT 729 KEARNEY STREET EL ERRITO A $1,500,000 The site, 729

ENTER

MULTI-FAMILY DEVELOPMENT SITE

CENTRAL EL CERRITO NEAR BART

Page 2: MULTI FAMILY DEVELOPMENT SITE ENTRAL EL ERRITO NEAR ART · MULTI-FAMILY DEVELOPMENT SITE ±10,000 SF WITH 55’ HEIGHT LIMIT 729 KEARNEY STREET EL ERRITO A $1,500,000 The site, 729

Sections:

• The Offering

• Market Map

• Plot and Aerial

• In the Area

• Assessor Map

• Demographics

• About El Cerrito

$1,500,000

Matt Gondak

510-450-1434

[email protected]

CA BRE No: 00832220

Jim Hoang

510-350-7346

[email protected]

CA BRE No: 01949301

Page 3: MULTI FAMILY DEVELOPMENT SITE ENTRAL EL ERRITO NEAR ART · MULTI-FAMILY DEVELOPMENT SITE ±10,000 SF WITH 55’ HEIGHT LIMIT 729 KEARNEY STREET EL ERRITO A $1,500,000 The site, 729

MULTI-FAMILY DEVELOPMENT SITE

±10,000 SF WITH 55’ HEIGHT LIMIT

729 KEARNEY STREET EL CERRITO CA

$1,500,000 The site, 729 Kearney Street, is

situated between Stockton Ave-

nue and Eureka Avenue, just

above San Pablo Ave. An 11-

minute walk to El Cerrito Plaza

and BART, at 0.6 miles. A 3-

minute walk to both El Cerrito

Natural Grocery and Bank of

America. Also short walking dis-

tance to retailers, service estab-

lishments and restaurants. Easy

freeway access and bus routes.

This level 10,000-square-foot

clear and vacant lot is zoned

Transit Oriented Mid Intensity

Mixed Use (TOMIMU), with a 55-

foot height limit and a .5-

vehicles-per-unit parking requirement. Parking may

decrease below .5 per unit with alternative transpor-

tation program.

The property is optimally situated within the dynamic

zone of El Cerrito’s San Pablo Avenue Specific Plan.

Recently enacted, the SPASP has the goal of trans-

forming the entirety of San Pablo Avenue in El Cerrito

into a pedestrian-friendly corridor through the use of

traffic calming, landscaping and other enhancements.

The comprehensive plan has already brought on

something of a renaissance in the area, with more

than 1,000 new condo and apartment units planned

along the corridor.

San Pablo Ave Specific Plan | San Pablo Ave Corridor Projects

New Major Development Projects

503-392-026-4

DELINEATIONS APPROXIMATED

All information furnished herein was provided by sources deemed reliable, but no representation is made or implied as to the accuracy thereof. All information herein is offered in good faith, but is subject to errors, omissions, change of price, prior sale, lease or financing, withdrawal without notice, rental or other conditions.

AREA BUSINESS MAP SATELLITE STREET VIEW DEMOGRAPHICS

Page 4: MULTI FAMILY DEVELOPMENT SITE ENTRAL EL ERRITO NEAR ART · MULTI-FAMILY DEVELOPMENT SITE ±10,000 SF WITH 55’ HEIGHT LIMIT 729 KEARNEY STREET EL ERRITO A $1,500,000 The site, 729

Starbuck’s

Vital Building

Marshall’s

Tap Plastics

Walgreens

Safeway

Home Depot

Big 5

Kragen’s

Staples

Denny’s

Jack in the Box

Skechers

Honda of El Cerrito

BART — El Cerrito del Norte

Target

Midas

24 Hour Fitness

El Cerrito City Center (City Hall)

Pet Smart

Kragen’s

Burger King

McDonald’s

CVS

BART — El Cerrito Plaza

US Post Office DMV

SUBJECT

SUBJECT: 729 KEARNEY STREET

[LOCATIONS APPROXIMATED]

El Cerrito Plaza: ▪ Ross ▪ Pier 1 Imports ▪ Bed Bath & Beyond ▪ Trader Joe’s ▪ Lucky ▪ Barnes & Noble ▪ Petco ▪ CVS ▪ Jo-Ann Fabrics ▪ Starbuck’s

All information furnished herein was provided by sources deemed reliable, but no representation is made or implied as to the accuracy thereof. All information herein is offered in good faith, but is subject to errors, omissions, change of price, prior sale, lease or financing, withdrawal without notice, rental or other conditions.

Page 5: MULTI FAMILY DEVELOPMENT SITE ENTRAL EL ERRITO NEAR ART · MULTI-FAMILY DEVELOPMENT SITE ±10,000 SF WITH 55’ HEIGHT LIMIT 729 KEARNEY STREET EL ERRITO A $1,500,000 The site, 729

PLOT AND AERIAL

DELINEATIONS APPROXIMATED

SUBJECT

LOCATION APPROXIMATED

Page 6: MULTI FAMILY DEVELOPMENT SITE ENTRAL EL ERRITO NEAR ART · MULTI-FAMILY DEVELOPMENT SITE ±10,000 SF WITH 55’ HEIGHT LIMIT 729 KEARNEY STREET EL ERRITO A $1,500,000 The site, 729

EL CERRITO CITY HALL

Page 7: MULTI FAMILY DEVELOPMENT SITE ENTRAL EL ERRITO NEAR ART · MULTI-FAMILY DEVELOPMENT SITE ±10,000 SF WITH 55’ HEIGHT LIMIT 729 KEARNEY STREET EL ERRITO A $1,500,000 The site, 729

LOCAL SCHOOLS RENOVATED

FRED T. KOREMATSU MIDDLE SCHOOL

EL CERRITO HIGH SCHOOL

Page 8: MULTI FAMILY DEVELOPMENT SITE ENTRAL EL ERRITO NEAR ART · MULTI-FAMILY DEVELOPMENT SITE ±10,000 SF WITH 55’ HEIGHT LIMIT 729 KEARNEY STREET EL ERRITO A $1,500,000 The site, 729

SUBJECT APN: 503-392-026-4

[DELINEATION APPROXIMATED]

Page 9: MULTI FAMILY DEVELOPMENT SITE ENTRAL EL ERRITO NEAR ART · MULTI-FAMILY DEVELOPMENT SITE ±10,000 SF WITH 55’ HEIGHT LIMIT 729 KEARNEY STREET EL ERRITO A $1,500,000 The site, 729

DEMOGRAPHICS

Page 10: MULTI FAMILY DEVELOPMENT SITE ENTRAL EL ERRITO NEAR ART · MULTI-FAMILY DEVELOPMENT SITE ±10,000 SF WITH 55’ HEIGHT LIMIT 729 KEARNEY STREET EL ERRITO A $1,500,000 The site, 729

DEMOGRAPHICS

Page 11: MULTI FAMILY DEVELOPMENT SITE ENTRAL EL ERRITO NEAR ART · MULTI-FAMILY DEVELOPMENT SITE ±10,000 SF WITH 55’ HEIGHT LIMIT 729 KEARNEY STREET EL ERRITO A $1,500,000 The site, 729

ABOUT EL CERRITO

El Cerrito is located on the eastern shore of San Francisco Bay. The hilly areas of El

Cerrito provide spectacular views of its famous neighbor and the Golden Gate Bridge. El

Cerrito is located along Interstate 80, and nearby Interstate 580. The city is less than 30

miles from two major airports. El Cerrito is bordered by Albany and Kensington to the

south, the Richmond annex to the west, East Richmond Heights to the north, and Wildcat

Canyon Regional Park to the east. Local landmark Albany Hill is in Albany, just across the

border with El Cerrito. (El Cerrito—Spanish, "the little hill"—takes its name from Albany

Hill.) El Cerrito is within 150 meters (500 feet) of Berkeley to the southeast.

El Cerrito is approximately 5 miles (8.0 km) from the University of California Berkeley

campus and it has two BART (Bay Area rapid transit) stations: El Cerrito del Norte and El

Cerrito Plaza.The city's primary transportation infrastructure consists of the El Cerrito Pla-

za and El Cerrito del Norte BART stations along with several local bus lines, operated by

AC Transit, providing access to the surrounding area and the nearby cities of Albany,

Berkeley and Richmond. In addition to this local service, El Cerrito is also served by AC

Transit's trans-bay buses to the San Francisco Transbay Terminal, as well as its late night

service from the del Norte station through Richmond, San Pablo, and Pinole, and one of

the All Nighter routes, which follows the Richmond-Millbrae BART line. FAST, Golden Gate

Transit, Vallejo Transit, Napa VINE, and WestCat provide feeder service between the del

Norte Station and elsewhere in Contra Costa County and the North Bay.

San Pablo Avenue stretches the length of El Cerrito and is the primary commercial and

retail corridor of the city. El Cerrito is best known for El Cerrito Plaza, a large automobile-

oriented shopping center originally built as a regional mall. The shopping center, com-

pletely renovated in 2002, today features anchor tenants Trader Joe’s, Lucky’s, CVS, Ross,

Barnes and Noble, Petco, Bed Bath and Beyond. It is surrounded by other commercial and

retail businesses along San Pablo Ave.

El Cerrito city parks include both recreation/sports parks as well as undeveloped nature

areas. Most notable are the 80-acre (320,000 m2) Hillside Natural Area open space, Huber

Park (Terrace Drive), Cerrito Vista Park (Moeser Lane and Pomona Avenue), and Arlington

Park (Arlington Boulevard), Tassajara Park (Tassajara Avenue and Barrett Avenue), Poin-

sett Park (Poinsett Avenue), and the Canyon Trail Park and Art Center (Gatto Avenue).

The City is home to a 2.6-mile (4.2 km) segment of the Ohlone Greenway (named after

the Native American Ohlone people), a trail that runs the length of the City along the BART

right-of-way and is popular with walkers, runners, and bicyclists.

Excerpted from Wikipedia

Page 12: MULTI FAMILY DEVELOPMENT SITE ENTRAL EL ERRITO NEAR ART · MULTI-FAMILY DEVELOPMENT SITE ±10,000 SF WITH 55’ HEIGHT LIMIT 729 KEARNEY STREET EL ERRITO A $1,500,000 The site, 729

Copyright © 2019 MRE

By Bennett

Matt Gondak

510-450-1434

[email protected]

CA BRE No: 00832220

Jim Hoang

510-350-7346

[email protected]

CA BRE No: 01949301