850 Calhoun ST new Save Request In-Person Tour Request Virtual Tour
San Jose,CA 95116
Key Details
Property Type Multi-Family
Sub Type Multiple Dwellings / Structures
Listing Status Active
Purchase Type For Sale
Square Footage 938 sqft
Price per Sqft $3,464
MLS Listing ID ML82014259
Style Craftsman
Year Built 1898
Lot Size 0.720 Acres
Property Sub-Type Multiple Dwellings / Structures
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
Rooms
Kitchen Countertop - Laminate,Oven - Gas,Oven Range - Gas
Interior
Heating Wall Furnace
Cooling Ceiling Fan
Flooring Laminate
Laundry Hookups Only
Exterior
Exterior Feature Back Yard,Balcony / Patio,Low Maintenance,Storage Shed / Structure
Parking Features Common Parking Area,No Garage,On Street,Parking Area,Room for Oversized Vehicle,Workshop in Garage
Utilities Available Individual Electric Meters,Individual Gas Meters,Public Utilities
View City Lights,Downtown
Roof Type Shingle
Building
Lot Description Grade - Level,Private / Secluded,Surveyed
Story 1
Foundation Foundation Pillars
Sewer Sewer - Public,Sewer Connected
Water Individual Water Meter,Water On Site
Others
Special Listing Condition Not Applicable