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.
184 days
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181
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5
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Zillow last checked:
Listing updated:
Listed by:
Tammie Trinh01388036408-499-9329,
Momentum Realty408-753-6016
Source: MLSListings Inc,MLS#: ML82025386
Facts & features
Property
Features
Fencing: Chain Link,Back Yard,Front Yard
Lot
Size: 0.57 Acres
Details
Additional structures: Residence
Parcel number: 59939047
Zoning: CN-OS
Special conditions: Standard
Utilities & green energy
Gas: PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public