850 Calhoun ST new

San Jose,CA 95116

$ 3250000

- Bed

0 Bath

938 SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 938 sqft

Price per Sqft $3,464

MLS Listing ID ML82014259

HOA Y/N No

Year Built 1898

Lot Size 0.720 Acres

Property Sub-Type Mixed Use

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 699 - Not Defined

Zoning R3

Interior

Heating Wall Furnace

Flooring Laminate

Fireplace No

Appliance Gas Oven

Exterior

Parking Features Workshop in Garage

View Y/N Yes

View City Lights

Roof Type Shingle

Accessibility None

Total Parking Spaces 100

Building

Lot Description Level,Secluded

Story 1

Sewer Public Sewer

Architectural Style Craftsman

Schools

School District San Jose Unified

Others

Tax ID 467300540

Security Features Security Lights

Special Listing Condition Standard

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