850 Calhoun Street, San Jose, CA 95116

Local realty services provided by:ERA Carlile Realty Group
850 Calhoun Street,San Jose, CA 95116
$3,250,000
  • - Beds
  • - Baths
  • 938 sq. ft.
  • Multi-family
  • Active
Listed by:ernesto martinez
Office:kw silicon city
MLS#:ML82014259
Source:CRMLS

Price summary

  • Price:$3,250,000
  • Price per sq. ft.:$3,464.82

About this home

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

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Home facts

  • Year built:1898
  • Listing ID #:ML82014259
  • Added:84 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Living area:938 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Shingle
  • Year built:1898
  • Building area:938 sq. ft.
  • Lot area:0.72 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,250,000
  • Price per sq. ft.:$3,464.82
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