CA > Santa Clara
Santa Clara, CA 95050,1793 Lafayette Street
Santa Clara, CA 95050,1793 Lafayette Street
Santa Clara, CA 95050,1793 Lafayette Street
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Keller Williams Walnut Creek

Keller Williams Walnut Creek

+1(100) 000-0000
Listed by Stephen Thaddeus Wawryk • KW Bay Area Estates
$5,600,000
Est. payment /mo
29,185 SqFt
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Pending

Purchase Type For Sale

Square Footage 29,185 sqft

Price per Sqft $191

MLS Listing ID ML81995434

HOA Y/N No

Lot Size 0.670 Acres

Property Sub-Type Unimproved Land

Source Datashare MLSListings

Property Description

4 minutes from Santa Clara University - 1793 Lafayette St offers a rare opportunity for an Owner/User to utilize the space and convert the 22,551 SqFt building into residential or build brand new: Townhomes, Multifamily, Co-Living, or Live/Work. Recently zoned Medium-Density Residential, the 29,185 SqFt lot allows for 24 units + 8-9 potential ADUs. With the average rent in Santa Clara at $3,062, once converted into multifamily, the property can be expected to gross nearly $1.2M in rents per year. Conveniently located less than a 10-minute drive from San Jose Mineta International Airport and Santa Clara Square Marketplace, this space resides within a thriving community with nearby amenities and parks. Recent upgrades to the building include a new roof and a 36 kW photovoltaic solar system, complemented by Silicon Valley Power, which ensures low energy costs. The owner/user tenant can occupy approximately 15,000 sq ft or the entire second floor. Buyers are to verify current zoning/building requirements/restrictions with the City of Santa Clara building department.

Location

State CA

County Santa Clara

Interior

Fireplace No

Building

Lot Description Rectangular Lot

Schools

School District Santa Clara Unified, Santa Clara Unified

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Bay East Association of Realtors
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Keller Williams Walnut Creek

Keller Williams Walnut Creek

+1(100) 000-0000

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1793 Lafayette Street