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0 Gypsy Ln

Alameda · Oakland

0 Gypsy Ln

Style

Unimproved Land

Zoning

R-1

Year built

1913

Existing

1 building

Interior

2,177 sf

Lot size

6,444 sf

$495,000

For Sale

Development Scenarios

Here's how you can use existing housing laws to add more housing units to this property. For illustrative purposes only, as actual site conditions should be verified in person.

Single-Family or Multi-Family Homes on Separate Lots

Add 1-5 potential units
$451K-$3.5M estimated cost
$698K-$6M future value add
Loading infill model...

Density level

Density controls will appear after the model finishes loading.

Generating the lot configuration for this scenario and density...

Financials

These estimates model the potential development economics for this scenario using local construction costs and comparable sale prices. They're provided for illustrative purposes only and aren't financial advice.

Selected ScenarioSB 684
Estimated Project Cost
$961,213
SB 684 scenario · 1 new unit · 800 new sf
Build Cost / SF
$
SB 684 build cost$451,363
47% of project cost
Property acquisition$509,850
53% of project cost
Estimated Project Value (2 Year)
$1,192,813
$1,220,555 1-year project value ·
24.1% total ROI
$231,600 potential ROI
Added scenario value$697,813
59% of completed value
Current property value$495,000
41% of completed value
Acquisition53%
Soft Costs10%
Hard Costs37%
Value Projections
Today list price$495,000
24-month added value$697,813
24-month project value$1,192,813
Potential ROI$231,600
Assumptions
Current sale / sf$227
Average sale / sf$943
Annual growth-3.8%
Comp bedrooms1
Comp radius5 miles
Price / sf sourceAverage sold comps
Added sqft800 sf
Cost Breakdown

Unit Economics
Original Property
Acquisition only
Build New Homes
Soft + hard costs
All-In
Total project
# of original homes
N/A
# of new homes
1
Total homes
1
Per Home
N/A
Per Home
$451K
Per Home
$961K
# of original sq ft
2,177
# of new sq ft
800
Total sq ft
2,977
Per Sq Ft
N/A
Per Sq Ft
$564
Per Sq Ft
$323
Total
$510K
Total
$451K
Total
$961K
Financing Estimate
Construction Loan

Estimate construction proceeds, cash required, and interest-only payments.

Construction Estimate
Loan Proceeds
Construction basis
Soft + hard costs
$451K
Loan proceeds
65% loan-to-cost
$293K
Cash required
Unfinanced development cost
$158K
Monthly payment
Interest-only estimate
$3K

Timeline

Typical project phasing based on the selected scenario, density, and generated development scope.

Estimated Total Duration

15 months

SB 684

Design

Concept design, site planning, and early coordination.

2 months

Month 1 - Month 2

Permitting

Planning review, entitlement approvals, and building permits.

4 months

Month 3 - Month 6

Site Work

Utility coordination, grading, and site preparation.

2 months

Month 7 - Month 8

Construction

Vertical construction through final inspection.

7 months

Month 9 - Month 15

Property Overview

MLS: bridgeMLS

Property information from bridgeMLS

Listed by Maurissa Tatum · eXp Realty of California

bridgeMLS © 2026. Information Deemed Reliable but not Guaranteed. This information is being provided by bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at May 26, 2026 at 3:25 PM PDT.

Location

Data from Type Five
Jurisdiction
Berkeley
Zoning
R-1
Overlay Districts
None
Climate Zone
Zone 3
Transit Access (1/2 mi)
Yes (Claremont Av & Webster St)

Natural Hazards

Data from Type Five
Flood Zone
X
Liquefaction Risk
No
Landslide Risk
No
Fault Zone
No

Fire Risk

Data from Type Five
Fire Hazard Zone
Berkeley Fire Zone 1
Fire Responsibility
LRA
Wildfire Protection Req.
No
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