850 Calhoun St San Jose, CA 95116
Brookwood Terrace NeighborhoodEstimated payment $20,481/month
Total Views
789,905
0.72
Acre
$4,515,770
Price per Acre
31,350
Sq Ft Lot
Highlights
- City Lights View
- Back and Front Yard Fenced
- 2-minute walk to Roosevelt Park
- 0.72 Acre Lot
- Level Lot
About This Lot
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.
Property Details
Property Type
- Land
Lot Details
- 0.72 Acre Lot
- Back and Front Yard Fenced
- Level Lot
- Mostly Level
- May Be Possible The Lot Can Be Split Into 2+ Parcels
Additional Features
- City Lights Views
- Gas Available
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/16/2025 05/16/25 | For Sale | $2,700,000 | +168.3% | -- | |
| 08/14/2024 08/14/24 | Sold | $1,006,450 | +0.6% | $1,073 / Sq Ft | View Prior Sale |
| 04/17/2024 04/17/24 | Pending | -- | -- | -- | |
| 04/17/2024 04/17/24 | For Sale | $1,000,000 | -- | $1,066 / Sq Ft |
Source: MLSListings
About the Listing Agent
In the Bay Area’s real estate market, real estate agent Ernie Martinez is known to colleagues and clients alike for his integrity, loyalty, and professionalism. An expert in Bay Area properties, Ernie is devoted to serving the needs of real estate sellers and buyers throughout the Bay Area including the Peninsula, San Jose and surrounding cities, Morgan Hill, and Gilroy. Ernie’s business influence is complemented by his state-of-the-art website, which vibrantly showcases his client’s
Ernesto's Other Listings
Source: MLSListings
MLS Number: ML82012297
APN: 467-30-054
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