Price Reduction - Lease to Own
Address
976 N 4th Street San Jose, CA
Price
$ 1,719,000
Property Attributes
  • MLS#OC20205459
  • TypeLand
  • CountySANTA CLARA
  • CitySan Jose
  • Zip95112
  • Style
  • Price$ 1,719,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9,310 SqFt
Listing Provided Courtesy Of:
Chi Chun Luo with RE/MAX Fine Homes - 626-315-5580
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Rare opportunity for developer of hotel/motel or 100% commercial use (height limit up to 150 feet) in Bay Area only few mins away from Google new campus area and San Jose down down. Look up San Jose city website for more details Current rental income $5500/mon ends in 2022 Dec. Total lot size of 9,148sf. Great opportunity and income for developers. Land zoning is CP (commercial pedestrian) in San Jose city which is pedestrian-oriented retail activity or mix used commercial/residential Building with conditional permit. Seller has a proposed draft for 4-story building with one retail shop on the ground and 12 two bedroom/two bathroom units. Total 32 parking spaces. New investors can modify it into 8 studios for each floor and build up to 12-14 story building based on their own budget. Great location with a lot potentials. Near Japan Town, future Google transit village, San Jose down down, San Jose airport. Close to both 101 and 880 freeways. Currently leased to a greet tenant. Call for details.

Price History
10/2/2020 Listed $1,950,000
4/2/2021 1% - $1,945,000
4/8/2021 8% - $1,799,800
9/28/2021 2% - $1,780,000
10/4/2021 2% - $1,749,000
10/18/2021 2% - $1,719,000

General Features

Community Features Sidewalks, Urban
Listing Agent Chi Chun Luo - BRE#01857056
Listing Agent State License 01857056
Property Type Land
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Terms Cash, Cash to New Loan, Lease Option
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View None
Zoning CP

Exterior Features

Lot Features No Landscaping, Near Public Transit
Lot Size Acres 0.21
Lot Size Area 9310
Lot Size Source Assessor
Lot Size Square Feet 9310
Lot Size Units Square Feet
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 95112

Price
AVG $1.72M
$1.72M
Visits
AVG 234
235
Walkscore
AVG 73
73
Data Provided by Walkscore ® not using MLS data

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