SB 1123
Maximum Density
0 Sheridan
Rock Bridge · Oakland
Style
Unimproved Land
Zoning
RD
Year built
1994
Existing
1 building
Interior
5,727 sf
Lot size
16,365 sf
$369,000
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 1-9 potential units
$451K-$7.9M estimated cost
$21K-$18.8M future value add
Single-Family Homes and ADUs on Separate Lots
Add 1-4 potential units
$533K-$2.5M estimated cost
$849K-$3.5M 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...
Scenario Renders
SB9
Maximum 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 1123
Estimated Project Cost
$831,433
SB 1123 scenario · 1 new unit · 800 new sf
Build Cost / SF
$
SB 1123 build cost$451,363
54% of project cost
Property acquisition$380,070
46% of project cost
Estimated Project Value (2 Year)
$390,141
$478,349 1-year project value ·
-53.1% total ROI
-$441,292 potential ROI
Added scenario value$21,141
5% of completed value
Current property value$369,000
95% of completed value
Acquisition46%
Soft Costs11%
Hard Costs43%
Value Projections
Today list price$369,000
24-month added value$21,141
24-month project value$390,141
Potential ROI-$441,292
Assumptions
Current sale / sf$64
Average sale / sf$707
Annual growth-80.7%
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
$831K
# of original sq ft
5,727
# of new sq ft
800
Total sq ft
6,527
Per Sq Ft
N/A
Per Sq Ft
$564
Per Sq Ft
$127
Total
$380K
Total
$451K
Total
$831K
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
Design
Concept design, site planning, and early coordination.
Month 1 - Month 2
Permitting
Planning review, entitlement approvals, and building permits.
Month 3 - Month 6
Site Work
Utility coordination, grading, and site preparation.
Month 7 - Month 8
Construction
Vertical construction through final inspection.
Month 9 - Month 15
M1
M2
M3
M4
M5
M6
M7
M8
M9
M10
M11
M12
M13
M14
M15
Design
Concept design, site planning, and early coordination.
Month 1 - Month 2
2 months
Permitting
Planning review, entitlement approvals, and building permits.
Month 3 - Month 6
4 months
Site Work
Utility coordination, grading, and site preparation.
Month 7 - Month 8
2 months
Construction
Vertical construction through final inspection.
Month 9 - Month 15
7 months
Property Overview
MLS: bridgeMLS
Property information from bridgeMLS
Listed by Moji Hakimi · Golden Gate Sothebys International Realty
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 4, 2026 at 1:26 AM PDT.
Location
Data from Type Five
Jurisdiction
Oakland
Zoning
RD
Overlay Districts
None
Climate Zone
Zone 3
Transit Access (1/2 mi)
Yes (Broadway Ter & Ostrander Rd)
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
NOT IN VHFHZ
Fire Responsibility
LRA
Wildfire Protection Req.
No