# Hampton Road

## Type

A New Single Family Home and an Existing Primary Home

## Regulatory Approach

SB9 with lot split

## City

Piedmont (East Bay)

## Total Cost

$4.3m

## # of Homes

2

## Cost per home

$2.1m

## Timeline

20 months

## Before

Click to enlarge

## After

Click to enlarge

## Development Approach

This compound used the following regulatory approach to develop the homes shown.

### Other potential development scenarios

✓

### Qualified for an ADU

This property qualifies for a new detached ADU.

### Qualified for SB9 Single Family Development with Optional Lot Split

This property qualifies for SB9 development and may use a lot split for 1 new primary home and up to 2 new ADUs.

### Not Applicable: SB684 Multifamily

SB684 does not apply: not multi-family zoned.

### Not Applicable: SB1123 Small-Lot

SB1123 does not apply: property is not vacant.

## Timeline

| Task       | Duration  |
|------------|-----------|
| Design     | 2 months  |
| Permitting | 8 months  |
| Site Work  | 2 months  |
| Construction| 8 months  |

**Total Duration:** 20 months (~1.7 years)

## Financials

### Total Project Cost

$4,252,722

### Acquisition

72%  
Soft Costs 4%  
Hard Costs 24%

| Cost Type     | Amount        |
|---------------|---------------|
| Acquisition   | $3,053,950    |
| Soft Costs    | $157,522      |
| Hard Costs    | $1,041,250    |

### Unit Economics

| Description                 | Original Property | Build New Homes | Total Project  |
|-----------------------------|------------------|-----------------|----------------|
| # of original homes         | 1                | 1               | 2              |
| Per Home                    | $3.05M           | $1.20M          |                |
| # of original sq ft         | 2,493            | 1,750           | 4,243          |
| Per Sq Ft                   | $1225            | $685            | $1002          |

### Financing Estimate

| Description               | Amount   |
|--------------------------|----------|
| Acquisition Loan (80%)   | $2.37M   |
| Construction Loan (65%)  | $779K    |
| Cash at Close            | $682K    |
| Cash During Build        | $420K    |
| **Total Cash Needed**    | $1.10M   |

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## More Compounds

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Three New Duplex Townhomes\
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**Alabama Street**](/content/fieldguide/listings/sanfrancisco-sb684-compound/index.html) \
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A Single-Family Home and Two New ADUs with an Existing Primary Home\
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**Wildwood Drive**](/content/fieldguide/listings/wildwood-sb9-compound/index.html)