850 Calhoun Street, San Jose, CA 95116

San Jose
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
850 Calhoun Street,San Jose, CA 95116
$3,250,000
  • 0.72 Acres
  • Lots / Land
  • Active
Listed by: ernesto martinez408-420-5268
Office: kw silicon city
MLS#:82012297
Source:CAREIL

Price summary

  • Price:$3,250,000

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

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Home facts

  • Listing ID #:82012297
  • Added:244 day(s) ago
  • Updated:February 17, 2026 at 05:36 PM

Structure and exterior

  • Lot area:0.72 Acres
  • Lot Features:Level, Mostly Level, Possible Lot Split, Surveyed

Utilities

  • Water:Available at Site, City/Public
  • Sewer:Sewer - Public

Finances and disclosures

  • Price:$3,250,000

Features and amenities

  • Amenities:Cable TV Available
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