Residential Development Land with
653 South ST Hollister, CA 95023
653 South ST, Hollister, CA, 95023
$1,249,999
For Sale
$1,249,999
LAND - HOLLISTER, CA
Property Size1,952 SF
Lot Size1.00 Acre
Price / SF$640.37
Days on Market135
Property Features for 653 South ST
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- AP
- Parking features
- Carport
- Fencing
- Fenced
- Standard status
- Active
- Lot size
- 1.00 Acre
Utilities
- Water source
- Public
Listing Agency
Nino Real Estate
(831) 637-0111
829 San Benito St, Suite #100, Hollister, CA
Listed by
Jacqueline B McAbee · License #01485247
(831) 245-6919
Added: Mar 3 Checked: Jul 16 at 3:06 pm
MLS# ML82028331
Listing URL
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is a one-acre residential development parcel within the Hollister city limits, zoned AP. Public remarks indicate the site supports a range of residential uses, including medium-density and multi-family development, with a minimum density requirement of roughly 6,090 units per acre. The property also includes an existing 1,952 square foot home with 4 bedrooms and 2.5 bathrooms, providing flexibility for either immediate rental income or use by a developer while planning and entitlements are completed.
The site is positioned centrally within the city limits, and the listing highlights convenient access to everyday amenities such as retail, schools, parks, and major transportation routes. This combination of location and zoning is intended to support high-density infill planning consistent with the property’s stated density parameters.
For developers and builders, the parcel’s high-density residential zoning and existing house offer two practical paths: proceed directly with a multi-family or townhome plan in line with the stated minimum density, or leverage the home as part of the operating strategy while plans move forward. For buyers seeking a residence with development upside, the existing four-bedroom layout can serve as current housing or a rental while evaluating project design and entitlements.
The site is positioned centrally within the city limits, and the listing highlights convenient access to everyday amenities such as retail, schools, parks, and major transportation routes. This combination of location and zoning is intended to support high-density infill planning consistent with the property’s stated density parameters.
For developers and builders, the parcel’s high-density residential zoning and existing house offer two practical paths: proceed directly with a multi-family or townhome plan in line with the stated minimum density, or leverage the home as part of the operating strategy while plans move forward. For buyers seeking a residence with development upside, the existing four-bedroom layout can serve as current housing or a rental while evaluating project design and entitlements.
Key Highlights
- One‑acre parcel represents a rare infill development opportunity.
- High‑density zoning allows for diverse development, including residential and multi‑family projects.
- Significant development potential with a minimum density requirement of approximately 6090 units per acre.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.3k | $36.00 |
| − Vacancy | −$2.8k | −$1.44 |
| EGI | $67.5k | $34.56 |
| − OpEx | −$30.4k | −$15.55 |
| NOI | $37.1k | $19.01 |
1,952 SF · lease $36.00/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$530.1K
$463.8K – $618.4K
NOI $37,104 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,492 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - One-acre Hollister parcel zoned for high-density residential, with an existing four-bedroom home on site.
Where is this single family property located?
The property is located at 653 South ST Hollister, CA.
What is the asking price?
The asking price for this property is $1,249,999.
What are key features of this property?
This property features: One‑acre parcel represents a rare infill development opportunity.; High‑density zoning allows for diverse development, including residential and multi‑family projects.; Significant development potential with a minimum density requirement of approximately 6090 units per acre.
