San Jose, CA 95116,850 Calhoun Street
San Jose, CA 95116,850 Calhoun Street
San Jose, CA 95116,850 Calhoun Street
San Jose, CA 95116,850 Calhoun Street
San Jose, CA 95116,850 Calhoun Street
San Jose, CA 95116,850 Calhoun Street
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$ 3,250,000
Est. payment | /mo

0.72 Acres Lot


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$ 3,250,000
Est. payment | /mo
Save

0.72 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82012297

HOA Y/N No

Lot Size 0.720 Acres

Acres 0.72

Property Sub-Type Unimproved Land

Property Description

Prime investment, rare opportunity in beautiful San Jose's Downtown to redevelop an approximately 0.72-acre parcel (APN 467-30-054) zoned R3. There are 2 remodeled units, along with a small warehouse that can also be rented out while drawings and the project are underway. Recently entitled Stamp Survey Map and Feasibility Study, and suggested SB 10 or SB 330 HOUSING PROJECT PRELIMINARY. * Possible plan of up to 21-30 units (city-approved density of 30 units/acre) to be built out through the city due to the housing shortage. SB 330 is a Faster Project Approval: The streamlined review process and limitations on new regulations can lead to faster project approvals, reducing the overall time it takes to get a housing development project off the ground. This property is a straightforward project. * Located in the San Jose Downtown area with easy access to numerous amenities, San Jose State University, A 1-minute walk to Santa Clara St, the surrounding area consists of retail businesses and public transportation within walking distance. Near Downtown San Jose, the 101 freeway, and Google's planned Downtown. Don't miss a great opportunity to help our beautiful city with its housing shortage and make a lifetime investment.

Location

State CA

County Santa Clara

Zoning R3

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

View Y/N true

View City Lights

Building

Lot Description Level, Mostly Level

New Construction No

Schools

School District San Jose Unified

Others

Tax ID 46730054

Bridge MLS
Listed by Ernesto Martinez • KW Silicon City
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850 Calhoun Street