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Listed by Carlos Azucena • Marcus & Millichap, DRE#01738155
$4,000,000
Est. payment /mo
0.68 Acres Lot
New
690 Chapman ST San Jose, CA 95126
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Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82064538
Lot Size 0.680 Acres
Property Sub-Type Residential Development Land
Property Description
The San Jose Rose Garden residential development site is comprised of two vacant, adjacent parcels, 690 Chapman St and 1274 Naglee Ave.. The lots measure at 22,200 sf and 7,400 sf respectively for a combined area of .68 acres, per the county record. It is zoned R-1-8, low-to-medium density residential, allowing for the development of five single-family residences with the possibility of additional density under AB 1123. Single family home sales in the immediate area over the last 18 months range from $4.8M - $2.3M or $1,274 - $896 per foot. The property is currently being used as a parking lot.
Location
State CA
County Santa Clara
Area Central San Jose
Zoning R-1-8
Exterior
Fence Partial Fencing
Utilities Available Public Utilities
Present Use Other
Building
Lot Description Grade - Level
Sewer Sewer - Public
Water Public
Others
Tax ID 261-17-084
Horse Property No
Special Listing Condition Not Applicable
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