Property Details
About this Property
Price Reduction | 1793 Lafayette St, Santa Clara offers a rare opportunity for an owner/user to utilize the space with the option of converting the 22,551 SqFt building into residential: Live/Work, Apartments, Co-Living, or Condos - 27 units or more | $240,740 per unit. With the average rent in Santa Clara at $3,062, once converted, the property can be expected to gross $1,000,000 in rents. Conveniently located less than a 10-minute drive from San Jose Mineta International Airport and Santa Clara Square Marketplace, this space resides within a thriving community with nearby amenities and parks. Recent upgrades to the building include a new roof and a 36 kW photovoltaic solar system, complemented by Silicon Valley Power, which ensures low energy costs. The owner/user tenant can occupy approximately 15,000 sq ft or the entire second floor. Rents and home prices continue to climb, with demand for new townhomes, apartments, and condos evident in an ever-growing Silicon Valley. The property is designated for medium-density residential use in the General Plan, allowing for 20-36 DU/acre. Per Planning department conversations, you can show plans to get the building up to residential code and then convert the building for residential use.
MLS Listing Information
MLS #
ML81995434
MLS Source
MLSListings, Inc.
Days on Site
212
Lots & Land Information
Development Status
Design Review Required
Existing Structures
Other
Fencing
Gate
Utilities
Public Utilities, Public Utilities, Water - Public
Parking, School, and Other Information
Elementary District
Santa Clara Unified
High School District
Santa Clara Unified
Sewer
Public Sewer
Water
Public
Zoning
Medium Density Residentia
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1793 Lafayette St is in Santa Clara, CA 95050. This Land is currently priced at $5,900,000. This address can also be written as 1793 Lafayette St, Santa Clara, CA 95050.
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This listing information is up-to-date as of May 07, 2025. For the most current information, please contact Stephen Thaddeus Wawryk, (415) 347-1658
