San Jose Redevelopment
For Sale
Contact for pricing
Pending
1520 W San Carlos St & 315-329 S Willard Ave, San Jose, CA 95126
1.62-acre redevelopment site approved for 256-unit multifamily community.
Property Size4,645 SF
Lot Size1.62 Acres
Days on Market182
Property Features for 1520 W San Carlos St & 315-329 S Willard Ave
General Information
Standard status
Pending
Size
4,645 SF
Total Parking Spaces
248
Lot size
1.62 Acres
Property subtype
Multifamily, Land
Zoning
Urban Village
Building Details
Stories
7
Units
256
Listing Agency:
Marcus & Millichap - Palo Alto
(757) 270-0946
Listed By:
Joshua Johnson · License #CA 01930127
Source:
Crexi
Added: Feb 28
Changed: Aug 8
Last Checked: Aug 29 at 10:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Palo Alto
Investment Insights
Based on property information with market context.
This 1.62-acre redevelopment site is approved for a 256-unit multifamily community. The project includes a mix of studio, one-bedroom, two-bedroom, and three-bedroom units. Approvals for the site include a 20% Below Market Rate (BMR) inclusionary housing requirement. The current design proposes 205 market rate units in a seven-story building and 51 below market rate units in a connected six-story building. Additionally, the project features 4,645 square feet of ground floor commercial space.
Key Highlights
- Approved for a 256‑unit multifamily community.
- 1.62‑acre redevelopment site.**
- Includes a mix of studio, one‑bedroom, two‑bedroom, and three‑bedroom units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,463
Businesses Nearby
Explore this area
Business Placement
Demographics for 95126, CA
37,372
Population
16,936
Households
2.2
Avg Household Size
36
Median Age
55%
College-Educated
89%
High-School Grad
3.3 sq mi
ZIP Area
11,325
Density / Sq Mi
$127,297
Median Household Income
$72,722
Median Earnings
$2,544
Median Rent
$1,195,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.62-acre redevelopment site approved for 256-unit multifamily community.
Where is this commercial land located?
The property is located at 1520 W San Carlos St & 315-329 S Willard Ave San Jose, CA.
What are key features of this property?
This property features: Approved for a **256‑unit multifamily community**.; 1.62‑acre redevelopment site.**; Includes a mix of studio, one‑bedroom, two‑bedroom, and three‑bedroom units.
