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Incredible Development Opportunity – 0.55-Acre Residential Lot Near Livermore High SchoolPresenting a rare chance to acquire a 0.55-acre lot in a prime location, directly across from Livermore High School. This spacious parcel offers outstanding potential for multi-family residential development, ideal for those looking to capitalize on the high demand for rental properties in Livermore California . According To City Of Livermore Planning Department . The property at 490 School can be subdivided according to the city’s process and standards. The minimum lot size for this zone is 5,000 square feet, so the subdivision could result in approximately 4 lots, depending on the land required for frontage improvements (curb, gutter, sidewalk) and access. After the subdivision, you could choose to utilize SB 9, which overrides the city’s standards to allow for two single-family units per lot, as long as the lots are not adjacent to each other. With this scenario, you could potentially build up to 6 single-family homes on the property, subject to the development standards. Buyer To Satisfied themselves concerning land development requirement from city of Livermore.Home On Property Has Little to Know Value , and Currently Vacant.
Last Updated | 2/11/2025 | County | Alameda |
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Additional Details
HOA DUES | 0 |
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LOT | 0.55 acre(s) |
LOT DESCRIPTION | 6-10 Units/Acre, Corner Lot, Level, Trees |
UTILITIES | Overhead Utilities |
VIEW | Yes |
VIEW DESCRIPTION | Neighborhood,None |
WATER | Public |
ZONING | RL |
Location
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