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850 Calhoun ST, San Jose, CA 95116

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For Sale

$3,250,000

938 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $3,464.82
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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# ML82014259

Courtesy Of Hillview International Inc

(408) 755-5972

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan, Security System, Security System
  • Appliances
    Oven - Gas, Range, Range - Gas
  • Architecture Style
    Craftsman
  • Cooling System
    Ceiling Fan(s)
  • Floor Covering
    Laminate
  • Lot Size
    0.72 Acres
  • Rooms
    Kitchen
  • View Type
    City

Map and Directions

Directions to 850 Calhoun ST, San Jose, CA 95116

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Monthly Payment Breakdown

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† 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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