California Residential Development Site - Entitlement Leverage with Density Upside

±8.69 acres comprised of four contiguous parcels with frontage along 15th St E between Avenue I and Kettering Street. The property is guided by a split General Plan designation: ±4.18 acres Medium Density Residential (MDR: 6.6–15 du/ac) and ±4.51 acres Urban Residential (UR: 2.1–6.5 du/ac), supporting a range of detached product types and density strategies within a unified tract design.

A previously approved Tentative Tract Map (TTM) for 38 single-family R-7000 lots establishes a defined entitlement framework and confirms site feasibility. While the TTM has expired following the City’s transition to higher-density MDR standards, the prior approval provides actionable carryover value, including conceptual engineering, grading, and circulation design, as well as a comprehensive conditions-of-approval package. This baseline is expected to reduce entitlement uncertainty, support updated yield optimization, and streamline the path to re-entitlement.

Key Entitlement & Development Considerations:

CEQA Strategy: Existing technical studies and prior approvals may enable a streamlined environmental pathway (e.g., an addendum or focused update), subject to jurisdictional review.

Re-Entitlement Efficiency: Documented City conditions and prior review cycles provide clarity on agency expectations, reducing iteration risk during resubmittal.

Engineering & Off-Site Improvements: Preliminary grading, drainage, and circulation work already identified; prior conditions outline likely frontage, access, and infrastructure obligations.

Utilities: Prior tract design informs utility alignments and connection points, aiding early-stage capacity and cost assessments.

Density Optimization: MDR designation supports a higher unit yield than the prior 38-lot plan, allowing refinement of lot mix, product type, and affordability integration.

Phasing Flexibility: Parcel configuration and linear frontage create optionality for phased map filings and staged construction.

This is a rare opportunity to acquire a partially de-risked residential site with documented agency interaction, known development parameters, and clear potential to enhance yield under current planning designations—well-suited for builders seeking to compress entitlement timelines and move efficiently toward tentative and final map approvals.