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$1,680,000
Est. payment /mo
0.35 Acres Lot
UPDATED:
12/05/2024 05:34 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81927870
HOA Y/N No
Lot Size 0.347 Acres
Property Description
Possible subdivided into 4-5 lots R1(frontage 281.42 ft long), buildable area one story (4435SF per old building plan in 1990) now building floor ratio almost X 3 n subject to meet all requirements for setbacks, parking, open space, building codes; current R3B zoning could build a 3-story, 4+ units(1x 4-plex or 2x2-plex), maximum of 11,330SF. SFH sold $800/sf, condos SOLD $667/SF, Sellers left lots of profit on the table. The property offers a mixed-use opportunity for potential buyers, with the option to use 1st Fl. as a versatile commercial space that can be adapted to various needs such as medical clinics, retail stores, showrooms, classrooms, restaurants, offices, OEMs/branches/sales offices. The 2nd n 3rd Floor are for residential use, offering the potential to create either a large family home or another 3 separate condos, at the buyer's preference. The flexible layout of the building presents multiple opportunities, such as Michelin Stars Restaurant, 1st and 2nd floor for restaurant and kitchen, 3rd floor for chef's residence, also with an herb or vegetable garden in one place. Subject to city design review.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3B MIXED USE
Interior
Fireplace No
Exterior
Fence None
View Y/N No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Milpitas
School District Other
Others
Tax ID 02207007R
Special Listing Condition Standard
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Listed by Jennifer Li • Universal Network Group