21463 Locust Street, Hayward, CA 94541

Property Description

Rare development opportunity in unincorporated Cherryland, Alameda County. Approx. 50' x 150' (7,500 sq. ft.) vacant R-2 lot, newly created through a recorded SB 684/SB 1123 lot split. Final feasibility study and conceptual renderings now available! Study identifies multiple development paths for this parcel, including up to 4 homes under the by-right scenario evaluated (new duplex + two ADUs), plus a higher-density concept of 56 homes utilizing a triplex + up to 3 ADUs. Higher-density concept may require a CUP, phased permitting and/or County approval. Parking configurations, including covered and uncovered parking, vary based on development approach and unit count. Lot may be purchased separately or together with the adjacent 50' x 150' parcel with an existing 3-bed, 1-bath home, creating a combined approx. 15,000 sq. ft. development site. Across both parcels, the feasibility study evaluates up to 8 homes under the by-right scenarios studied and higher-density concepts of 10 -12 homes total. Ideal for developers, builders, investors or multi-generational buyers. Feasibility study are not approved plans or entitlements. Buyer to independently verify zoning, unit count, ADUs, parking, fire, utilities, and all development requirements with Alameda County and applicable agencies.