$1,275,000

New California housing laws add more upside. Starting in 2027, AB 2433 lets builders take the state density bonus as extra floor area, a strong fit here since density is set by FAR. The site may also qualify for the AB 130 CEQA exemption for urban infill, which can mean no environmental review and a faster approval timeline. More 2027 options include AB 1751 for-sale townhomes and SB 1116 small-lot starter homes. New permit rules (AB 1621, SB 1169, SB 677) cap plan-check rounds, extend subdivision map life to 4 years, and limit third-party map appeals. About half a mile to San Leandro BART and close to AC Transit Tempo. Building plans on file. A great opportunity for builders, developers and investors. Buyer to verify all zoning, density, entitlement and law eligibility with the City of San Leandro and their own advisors. Rare 0.45-acre corner lot (about 19,576 sq ft) in Downtown San Leandro, zoned for housing by right. The CC(H) zoning with a Housing overlay allows multifamily and mixed-use residential as permitted uses, with up to 50 ft of height and a 2.5 FAR, roughly 48,900 sq ft of buildable floor area under base zoning.