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More Bay Area Residents Support High-Density Housing
The Bay Area has always been a region where people are opposed to real estate development. But due to growth in the area and the housing shortage being faced, that could change.
A new poll shows that more than half of the residents in San Francisco and Alameda County would not be opposed to high density or affordable housing built in their neighborhoods.
In all, the Bay Area Council found that 50 percent of residents in the nine counties that make up the region wouldn’t be opposed to such developments near them, and 67 percent say that it is harder to find a new place to live than it was last year.
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3111 W Ramona
Alhambra, CACalifornia & West + Apartment Buildings
Learn MoreListing Status: Available Price: $3,700,000 No. of Units: 13 Cap Rate: 4.51 GRM/GIM: 12.89 Average Occupancy: 97 Year Built: 1954 Building Size: 11778 Sq ft Lot Size: 11253 Acres No. of Stories: 2 APN: 5352-013-007 Zoning Code: ALRPD No. of Parking Spots: 11 Opportunity Zone: No Buy Side Fee: $3 Price per unit: $284,615 Bridgewood Apartments
Santa Rosa, CACalifornia & West + Apartment Buildings
Learn MoreListing Status: Available Listing Type: Call for offers Price: $3,850,000 No. of Units: 14 Cap Rate: 5.75 GRM/GIM: 11.34 Year Built: 1968 Building Size: 11000 Sq ft Lot Size: .46 Acres No. of Stories: 2 No. of Parking Spots: 20 Opportunity Zone: No Price per unit: $275,000
