962 Regal RoadBerkeley, CA 94708Price: $499,000

Excellent development opportunity in Berkeley's R-1H zoning district with SB 9 eligibility. SB 9 provides streamlined “by-right” (ministerial) approval, meaning no public hearings or use permits are required. On this lot, without a lot split and with no owner-occupancy requirement, you may build one single-family home, or one duplex, or two detached homes, each scenario allowing optional ADU(s). If you pursue an SB 9 lot split, additional development configurations may be possible. Since SB 9 took effect in January 2022, numerous projects have been approved in Berkeley's R-1H zones; buyers are advised to verify development potential with the City of Berkeley Planning Department. Lot dimensions are 51 F by 150 F (7,650 SF). The site is mostly flat with gentle rolling terrain and offers excellent privacy adjacent to Cragmont Rock Park. The rear of the property features several mature California Redwoods, creating a beautiful natural setting. Zoning is R-1H. APN: 63-2975-11.