Prime investment, rare opportunity in beautiful San Jose's Downtown to redevelop an approximately 0.72-acre parcel (APN 467-30-054) zoned R3. There are 2 remodeled units, along with a small warehouse that can also be rented out while drawings and the project are underway. Recently entitled Stamp Survey Map and Feasibility Study, and suggested SB 10 or SB 330 HOUSING PROJECT PRELIMINARY. * Possible plan of up to 21-30 units (city-approved density of 30 units/acre) to be built out through the city due to the housing shortage. SB 330 is a Faster Project Approval: The streamlined review process and limitations on new regulations can lead to faster project approvals, reducing the overall time it takes to get a housing development project off the ground. This property is a straightforward project. * Located in the San Jose Downtown area with easy access to numerous amenities, San Jose State University, A 1-minute walk to Santa Clara St, the surrounding area consists of retail businesses and public transportation within walking distance. Near Downtown San Jose, the 101 freeway, and Google's planned Downtown. Don't miss a great opportunity to help our beautiful city with its housing shortage and make a lifetime investment.
MLS #
ML82012297
MLS Source
MLSListings, Inc.
Days on Site
49
Development Status
Final Map Approved, Improvements Completed, Map Recorded, Preliminary Map, Topographical Map Available
Existing Structures
Outbuilding, StorageFacility
Fencing
ChainLink, FencedBack, FencedFront, MixedHeightType, Wood
Lot Description
Grade - Level, Grade - Mostly Level
Utilities
Gas - On Site, Public Utilities, Public Utilities, Water - Public
Elementary District
San Jose Unified
High School District
San Jose Unified
Sewer
Public Sewer
Water
Public
Zoning
R3
Listing Agent
Ernesto Martinez
KW Silicon City
License #: 01957648
Phone: (408) 420-5268
Co-Listing Agent
Elizabeth Soto
KW Silicon City
License #: 02191429
Phone: (408) 420-5279
850 Calhoun St is in San Jose, CA 95116. This Land is currently priced at $3,250,000.
This address can also be written as 850 Calhoun St, San Jose, CA 95116.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of July 07, 2025. For the most current information, please contact Ernesto Martinez, (408) 420-5268