CA > San Jose
San Jose, CA 95116,850 Calhoun ST
San Jose, CA 95116,850 Calhoun ST
San Jose, CA 95116,850 Calhoun ST
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Eric Chu

Eric Chu

+1(650) 922-7449
Listed by Ernesto Martinez • KW Silicon City
$3,250,000
Est. payment /mo
938 SqFt
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UPDATED:

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

Level or Stories 1

Others

Tax ID 467-30-0540

Miscellaneous Security Gate

Security Features Security Lights

Horse Property No

Special Listing Condition Not Applicable

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agent
Eric Chu

Agent | License ID: 02039805

+1(650) 922-7449 | eric@keyluxestates.com

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850 Calhoun ST