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$6,500,000
Est. payment /mo
0.67 Acres Lot
UPDATED:
12/16/2024 11:27 AM
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81980312
Lot Size 0.670 Acres
Property Description
New Development Opportunity in the Heart of Silicon Valley: 1793 Lafayette St offers a rare opportunity for the astute Investor to acquire a 29,185 SqFt lot and an income-generating office asset with significant development potential. The property is designated for Medium Density Residential use in the General Plan, allowing for 20-36 DU/acre. Recent upgrades to the building include a new roof and a 36kW photovoltaic solar system, complemented by Silicon Valley Power, which ensures low energy costs. There is also the option for an owner-user to occupy approximately 15,000 SqFt or the entire second floor. Conveniently located less than a 10-minute drive from San Jose Mineta International Airport and Santa Clara Square Marketplace, this property allows both International and Domestic investors to commute easily while enjoying nearby amenities. Buyer to verify current zoning/building requirements/restrictions with City of Santa Clara building dept.
Location
State CA
County Santa Clara
Area Santa Clara
Zoning ML
Exterior
Fence Complete Perimeter
Utilities Available Public Utilities
Present Use Office
Building
Lot Description Other
Sewer Sewer - Public
Water Public
Others
Tax ID 224-29-021
Horse Property No
Special Listing Condition Not Applicable
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Listed by Stephen Thaddeus Wawryk • KW Bay Area Estates
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Sharad Gupta
Broker | License ID: 02213637
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