Paso Nogal - 3.4-Acre MRH Residential Development Site
3.4-Acre MRH Residential Development Site | 102-Unit Min, Yield Studies to 183 | Unpriced - Call for
Marketing description
Paso Nogal is a 3.4-acre MRH-zoned (30-40 du/ac) residential development site on an elevated, view hillside in Pleasant Hill - one of Central Contra Costa's most sought-after, high-resource communities. The site is offered for sale through a competitive, call-for-offers process.
The parcel supports a 102-unit minimum, with independent yield studies indicating up to 183 units and potential for more. The MRH zoning and high-resource location work for multiple product types - affordable or mixed-income apartments, or for-sale condominium/townhome - giving developers a wide buyer pool and multiple paths to value on a single site.
Pleasant Hill pairs deep ownership and rental demand (~$1.2M median home, top-rated MDUSD schools, walkable Downtown retail) with quick access to Highway 24, I-680, and BART for the Walnut Creek / San Francisco commute. New multifamily-zoned land at this scale is scarce in the submarket.
The City has confirmed the site is committed to 102 deed-restricted lower-income units (independent of the inclusionary minimum); a market-rate or for-sale program layers density-bonus units on top of that base. State Density Bonus, the City's grading-incentive program, a targeted grant, and ministerial processing are available to offset hillside sitework and accelerate entitlement.
3.40-3.44 ac (vacant) | APN 152-010-004 | Clean Phase I ESA | Hillside, up to ~26% slope.
Offered unpriced - call for offers. Renderings are conceptual illustrations for marketing purposes only and do not represent an approved plan; all entitlement, unit counts, and figures are approximate and subject to City confirmation.
Investment highlights
- 3.4-acre MRH site (30-40 du/ac) - 102-unit minimum; yield studies to 183, with upside beyond
- Two viable programs on one site - affordable/mixed-income apartments OR for-sale condo/townhome
- High-resource Pleasant Hill - ~$1.2M median home, top-rated MDUSD schools, walkable retail
- Quick access to Hwy 24, I-680 and BART (Walnut Creek / SF commute)
- City incentives available - State Density Bonus, grading-incentive program, targeted grant, ministerial processing
- Offered unpriced via competitive call-for-offers; clean Phase I ESA
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