| CREOP

America Partner is pleased to offer 3436-3440 San Pablo Dam Rd a development opportunity in Northern, California. The property consist of a 3.7-acre vacant land, zoned R-4, allowing for 48 dwelling units per acre, up to 177 residential units by right. Buyer may construct 4 Single Family homes per acre, about 13-14 homes.
The property is zoned for multi-family residential use and is located in an area with high demand for housing, making it an attractive investment opportunity. The property presents a unique opportunity for developers to build up to 177 units by right and up to 267 units utilizing AB2345 statewide density bonus.
San Pablo has experienced significant population growth in recent years, with a current population of around 31,000 people. The city is located in an area with high demand for housing, and there is a shortage of affordable housing options.
The offering presents an exceptional investment opportunity for developers and investors looking to capitalize on the strong rental market in the San Francisco Bay Area. The fully vacant land property offers the potential for high rental income and solid returns on investment.

R-4 zoning in San Pablo, California, is a zoning designation that permits the development of multi-family residential buildings. The R-4 zoning district is intended to provide for medium to high-density residential development, allowing for apartment buildings, townhouses, and other multi-family dwellings.
Density: The maximum number of dwelling units per acre is 48 by-right.
Building Height: The maximum building height at roof peak is 75 feet.

San Pablo is a city located in Contra Costa County, in the East Bay region of the San Francisco Bay Area, California, United States. It is situated about 20 miles northeast of San Francisco and 10 miles south of Richmond.
The city covers an area of approximately 2.6 square miles and has a population of around 31,000 people (as of 2020). San Pablo is bordered by the cities of Richmond to the north and east, El Sobrante to the south, and Pinole to the west.
San Pablo is known for its diverse population, with a significant number of Hispanic and African American residents. The city is also home to several parks and recreational areas, including the San Pablo Reservoir and Wildcat Canyon Regional Park.
San Pablo is accessible by several major highways, including Interstate 80, which runs through the city's northern and eastern edges, and Interstate 580, which is located just south of the city. Public transportation options include the Bay Area Rapid Transit (BART) system, which has a station in nearby El Cerrito, and several bus lines that serve the city.