$1,695,000
About this home
Prime Development Opportunity- East San Jose. Rare 0.57-acre corner lot at a T-intersection, zoned Neighborhood Commercial (CN) and designated as an Opportunity Site (OS). County allows multifamily, apartment, and condominium development. The existing single-family home (3 bed, 1 bath, 966 sq ft) is grandfathered and rented at $4,000/month, providing income during planning and entitlement. The site may support up to 45 units, with potential for a 4-6 story building (subject to approvals). City of San Jose supports annexation upon development. A rare opportunity for builders and investors to capitalize on San Jose's growing housing demand.
Facts & features
- Bathrooms
- 0
- Lot size
- 0.568 acres (24,739 sq ft)
- Area
- 699 - Not Defined
- County
- Santa Clara
- Status
- Active
- Property type
- Land
- Days on market
- 82
- Listed
- 2026-02-09
- Parcel #
- 59939047
- MLS #
- ML82025386