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Gurpriit Atwal

gatwal@intero.com +1(510) 399-3462

Listed by Ernesto Martinez • KW Silicon City

$ 3,250,000

Est. payment -/mo

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Open Sat 1PM-4PM

850 Calhoun ST San Jose, CA 95116

0.72 Acres Lot

OPEN HOUSE

Sat Jun 28, 1:00pm - 4:00pm

Sun Jun 29, 1:00pm - 4:00pm

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential Development Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82012297

Lot Size 0.720 Acres

Property Sub-Type Residential Development 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

Area Central San Jose

Zoning R3

Exterior

Fence Chain Link, Fenced Back, Fenced Front, Mixed Height / Type, Wood

Utilities Available Electricity - On Site, Gas - On Site, Public Utilities

View City Lights, Other

Present Use Multi-Family,Single Family

Building

Lot Description Grade - Level, Grade - Mostly Level, Possible Lot Split, Surveyed

Sewer Sewer - Public

Water Public, Water On Site

Others

Tax ID 467-30-054

Horse Property No

Special Listing Condition Not Applicable

Gurpriit Atwal

850 Calhoun ST San Jose, CA 95116

OPEN HOUSE

Key Details

Location

Exterior

Building

Others

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850 Calhoun ST