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1793 Lafayette ST, Santa Clara, CA 95050

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For Sale

$5,600,000

0.67 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 0.7 acres
    Lot size

Explore this Property

New Price Improvement | 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# ML81995434

Courtesy Of Keller Williams Los Gatos Estates

(408) 560-9000

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.67 Acres

Map and Directions

Directions to 1793 Lafayette ST, Santa Clara, CA 95050

Home seller CENTURY 21 Anew Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Anew Realty

(408) 859-7539
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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