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$1,695,000
Est. payment /mo
0.57 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82025386
HOA Y/N No
Lot Size 0.568 Acres
Acres 0.5679
Property Sub-Type Unimproved Land
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
Zoning CN-O
Interior
Fireplace No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District East Side Union High
Others
Tax ID 59939047
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Listed by Tammie Trinh • Momentum Realty