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.
180 days
|
191
|
4
|
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
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.