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San Jose Multifamily Redevelopment Site
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Pending

1530-1544 W San Carlos St, San Jose, CA 95126

1.34-acre redevelopment site approved for 237-unit multifamily community.

Property Size16,962 SF
Lot Size1.34 Acres
Days on Market166

Property Features for 1530-1544 W San Carlos St

General Information

Standard status Pending
Size 16,962 SF
Total Parking Spaces 199
Lot size 1.34 Acres
Property subtype Multifamily
Zoning Urban Village

Building Details

Units 237
Listing Agency: Marcus & Millichap - Palo Alto
Listed By: Joshua Johnson · License #CA 01930127
Source: Crexi
Added: Feb 28 Changed: Aug 8 Last Checked: Aug 10 at 12:23PM

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 1.34-acre redevelopment site is approved for a 237-unit multifamily community. The unit mix includes studio, one-bedroom, two-bedroom, and two-bedroom with den units. Approvals for the site include a 15% Below Market Rate (BMR) inclusionary housing requirement. The development will have 202 market rate units and 35 below market rate units. The project also features 16,962 square feet of commercial space spread across the first and second floor.

Key Highlights

  • Approved for a 237‑unit multifamily community.
  • 1.34‑acre redevelopment site**.
  • Includes studio, one‑bedroom, two‑bedroom, and two‑bedroom with den units.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Florist Hotel & Motel Clothing & Fashion Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,758
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.34-acre redevelopment site approved for 237-unit multifamily community.
Where is this commercial land located?
The property is located at 1530-1544 W San Carlos St San Jose, CA.
What are key features of this property?
This property features: Approved for a **237‑unit multifamily community**.; 1.34‑acre redevelopment site**.; Includes studio, one‑bedroom, two‑bedroom, and two‑bedroom with den units.
(757) 270-0946 Call to check price and availability
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