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Listed by Momentum Realty
$ 1,695,000
Est. payment | /mo
24,739 SqFt
$ 1,695,000
Est. payment | /mo
24,739 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 24,739 sqft
Price per Sqft $68
MLS Listing ID ML82025386
HOA Y/N No
Lot Size 0.568 Acres
Property Sub-Type Unimproved Land
Source Datashare MLSListings
Property Description
Prime Development Opportunity- East San Jose. Rare 0.57-acre corner lot at a T-intersection, zoned Neighborhood Commercial (CN) and designated as an Opportunity Site (OS). County allows multifamily, apartment, and condominium development. The existing single-family home (3 bed, 1 bath, 966 sq ft) is grandfathered and rented at $4,000/month, providing income during planning and entitlement. The site may support up to 45 units, with potential for a 4-6 story building (subject to approvals). City of San Jose supports annexation upon development. A rare opportunity for builders and investors to capitalize on San Jose's growing housing demand.
Location
State CA
County Santa Clara
Interior
Fireplace No
Schools
School District East Side Union High, Alum Rock Union Elementary
"We would love to put our experience and successful track record to work for you. Top 1% in California" Kevin & Naomi Kieffer Compass Homes@EastBayPro.com or M. 925-300-8000"