Paso Nogal

Investment Overview

Lee & Associates is pleased to present Paso Nogal — a ±3.4-acre MRH-zoned (30–40 du/ac) residential development site on an elevated, view hillside in Pleasant Hill, offered for sale. The site supports a 102-unit minimum — independent yield studies indicate up to 183 units, with potential for more — and works for multiple product types: affordable or mixed-income apartments, or for-sale condo/townhome. Pleasant Hill pairs deep ownership demand (~$1.2M median home) with a high-resource location near BART, Hwy 24 and I-680. The site is offered unpriced through a competitive process — developers underwrite to their own program and basis.