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  • San Jose

  • $1,291,000
  • Acres
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Lot sold on Friday, November 17, 2017. For available lots, view Similar Lots or Search Properties.


Lot/LandDetails

Description & Essential
Description
INVESTORS THIS IS A PERFECT OPPORTUNITY TO OWN AN INCOME PRODUCING PROPERTY IN THE ROSE GARDEN! ZONED FOR MULTI-FAMILY DEVELOPMENT WITH THE URBAN VILLAGE ZONING. CURRENT USE IS A SINGLE FAMILY DETACHED FIXER-UPPER 4-BEDROOM 2-BATH HOME WITH A RENTED 1 BEDROOM 1 BATH COTTAGE BEHIND THE MAIN HOUSE. THE PROPERTY IS DIRECTLY ACROSS THE STREET FROM THE LUXURY APARTMENT COMPLEX "MID-TOWN AT MERIDIAN" WHICH RENTS LUXURY APARTMENTS FROM $1,800 MO TO $3,600 MO. THE EXISTING STRUCTURES CAN BE IMPROVED AND RENTED, OR THE BUYER CAN ACQUIRE ADDITIONAL LOTS FOR AN URBAN VILLAGE DEVELOPMENT OF 50+ UNITS. CLOSE TO SANTANA ROW & VALLEY FAIR SHOPPING CENTER, DOWNTOWN SAN JOSE, THE HISTORIC ROSE GARDEN, SHOPPING, RESTAURANTS, CAL TRAIN & FREEWAYS! Shown by Appointment Only.
Essential
MLS #ML81561776
Price$1,291,000
Lot Square Feet≈ 10,156
CountySanta Clara
StateCA
Cross StreetsWest San Carlos
Area699 - Not Defined
ZoneRM-250
StatusClosed
Sale TypeStandard
Listing BrokerageIntero Real Estate Services
Listing AgentMike D'Ambrosio
Listing Agent BRE #01841982

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Based on information from California Regional Multiple Listing Service, Inc. as of Monday, November 20, 2017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.