Bought with Mona Wang • Paymon Real Estate Group
$1,610,000
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226 N White RD San Jose, CA 95127
0.39 Acres Lot
Key Details
Sold Price $1,610,000
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81928702
Sold Date 06/05/23
Lot Size 0.393 Acres
Property Sub-Type Residential Development Land
Property Description
Attention Developers:This exceptional property presents a rare & highly sought-after development opportunity.Boasting a contiguous 17,131sf parcel zoned RM;the site features superior street frontage & a range of site planning options suitable for various residential redevelopment opportunities,including (7) townhomes w/the potential for an additional (6),a multi-plex,lot sub-division,and/or affordable housing.The City of SJ has ratified the subdivision potential,confirmed by a letter.Adding to its appeal,the property has two existing water meters & PGE on-site,offering ease & convenience for any potential project.The site currently has a 2bed/2bath,1358 sf home w/a month-to-month renter & a 1bed/1-bath unit available for rental purposes.This provides an ideal opportunity for investors to generate income while completing the permit process.This exceptional development opportunity is prime for any investor/developer looking to capitalize on the robust residential real estate market in SJ
Location
State CA
County Santa Clara
Area Alum Rock
Zoning RM
Exterior
Fence Chain Link, Complete Perimeter, Fenced, Fenced Front, Wood
Utilities Available Electricity - On Site, Gas - On Site, Natural Gas, Public Utilities
Present Use 2nd Unit Possible,Residential
Building
Lot Description Grade - Level, Possible Lot Split, Regular
Sewer Sewer - Public, Sewer Connected
Water Individual Water Meter, Public, Water On Site
Others
Tax ID 601-03-0700
Horse Property No
Special Listing Condition Not Applicable
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