282 Vista AVE, San Jose, CA 95127

$1,695,000

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List Price
$1,695,000
MLS#
ML82025386
Status
ACTIVE
Type
Land
Neighborhood
Berryessa

Property Description

Prime Development Opportunity- East San Jose. Rare 0.57-acre corner lot at a T-intersection, zoned Neighborhood Commercial (CN) and designated as an Opportunity Site (OS). County allows multifamily, apartment, and condominium development. The existing single-family home (3 bed, 1 bath, 966 sq ft) is grandfathered and rented at $4,000/month, providing income during planning and entitlement. The site may support up to 45 units, with potential for a 4-6 story building (subject to approvals). City of San Jose supports annexation upon development. A rare opportunity for builders and investors to capitalize on San Jose's growing housing demand.

Additional Information

Sewer
Sewer - Public

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Calculator source: Real Geeks

Courtesy of Momentum Realty, Tammie Trinh.

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