$875,000
For Sale

962 Regal Rd

Berkeley, CA 94708
Listing OfficeWinkler Real Estate Group
Browse 17 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Attention developers and savvy Builders! Use SB 9 to develop up to four units here! On this lot you can use SB 9, "by right", build either: A) One duplex plus 2 detached ADUs, or B) Two detached homes plus one detached ADU; (with no lot split and no owner occupancy requirements). Alternatively, you can simply use SB 9, "by right", build one single family home with an optional detached ADU. If the lot is split using SB 9, then there are many more configurations to consider. Check out these significant state laws that enable development: SB 9, SB 450, SB 1211, AB 1033. SB 9 projects are ministerially approved (i.e. “by right”), so they do not go through the use permit/public approval process. Since SB 9 became law in California in January 2022, several SB 9 projects have been approved in Berkeley’s R-1 and R-1H zones. Contact Berkeley's Planning Department to verify. Dimensions of the lot are 51F by 150F (7650 SF). The site is mostly flat with rolling terrain and good privacy next to Cragmont Rock Park. The rear of the property is studded with several giant California Redwoods which makes the site’s environment very beautiful. R-1H zone. APN 63-2975-11.

  • Property Details
      • SubdivisionBERKELEY HILLS
      • Sewer InformationPublicSewer
      • Lot DescriptionSlopedDown
      • Property TypePurchase
      • Original List Price$875,000
      • MLS #41084539
      • MLS #41084539
      • CountyAlameda
      • Acres0.1756
      • Utility SourcePublic
      • Cost875000
      • Property SubtypeLand

Location

Dorothy PembertonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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