Property Detail

972 Elm

San Jose CA 95126

$3,880,000

Status: Active

Property Details

Description

Prime investment opportunity to redevelop an approximately .44 acre parcel. Recently entitled for 8 single family homes in the College Park neighborhood of San Jose. Plans for each dwelling are for 4 bedrooms with 3.5 or 4 bathrooms. * Possible plan of up to 13 dwelling units (city approved density of 30 units/acre). * No low-income fee. * Flat rectangle lot with utilities on site. * CEQA is cleared; no remediation requirements; all other conditions have been cleared with City; straightforward project. * Located in the college park area with easy access to numerous amenities. * 4 minutes walk distance to Bellarmine College Preparatory, Bay Area best boys private high school. * 15 minutes walk distance to Google proposed 80 acres campus.

Map Location

Listing provided courtesy of Wei Liu of Sunrise Value Investments. Last updated 2025-01-25 09:21:37.000000. Listing information © 2024 CRMLS.

Linda Lederer Bernstein

Linda Lederer Bernstein

DRE #1527365
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