850 Calhoun Street, San Jose, CA 95116

Local realty services provided by:CENTURY 21 Sierra Properties
850 Calhoun Street,San Jose, CA 95116
$3,250,000
  • 0.72 Acres
  • Lots / Land
  • Active
Listed by: ernesto martinez, elizabeth soto
Office: kw silicon city
MLS#:ML82012297
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$3,250,000

About this home

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...

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Home facts

  • Listing ID #:ML82012297
  • Added:260 day(s) ago
  • Updated:March 04, 2026 at 03:32 PM

Structure and exterior

  • Lot area:0.72 Acres
  • Lot Features:Level, Mostly Level
  • Architectural Style:Unimproved Land
  • Exterior Features:Level, Mostly Level

Finances and disclosures

  • Price:$3,250,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at March 4, 2026