Rare Berkeley development opportunity. Property includes approved entitlements for a 6-story residential building, allowing redevelopment of the existing single-family home into a 12-unit, ~50-bedroom student housing project. Walking distance to Downtown Berkeley BART and close to UC Berkeley campus, with convenient access to San Francisco and the greater Bay Area. Fully entitled projects are uncommon in Berkeley's restrictive development environment, offering a shovel-ready opportunity in a high-demand student housing market.
Listing courtesy of Huan Fang from Suen, Peter.