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Washington Avenue & Parrott Street Development Opportunity Parcels <br />APN(s) # <br />075-0005-011-01 <br />075 0005 012 00 <br />Address(es) <br />1595 Washington Avenue <br />268 Parrott Street <br />Acquisition Date <br />9/16/2004 <br />1/16/2008 <br />Value at Time of Purchase <br />$350,000 <br />$125,000 <br />Estimated Current Value <br />$320,000 <br />$220,000 <br />Value Basis <br />Recent appraisal of nearby parcel, <br />adjusted based on staff estimate. <br />Date of Estimated Current Value <br />10/1/15 <br />Proposed Sale Value <br />Unknown, future sale value will be <br />based on a full appraisal. <br />Proposed Sale Date <br />Unknown <br />Purpose for which property was <br />To aggregate land for a future <br />acquired <br />development consistent with the TOD <br />Strategy and the adopted <br />Redevelopment Plan. <br />Lot Size (sf) <br />10,875 <br />7,500 <br />Current Zoning <br />DA -1, Downtown Area <br />Estimate of Income/Revenue <br />$0 <br />Contractual requirements for use of <br />None <br />income/revenue <br />History of environmental <br />None <br />contamination, studies, and/or <br />remediation, and designation as a <br />brownfield site <br />9 1 San Leandro I Long Range Property Management Plan I November 2015 <br />