282 Vista Ave San Jose, CA 95127
0.57-acre corner lot suitable for multifamily development.
Property Features for 282 Vista Ave
General Information
- Standard status
- Active
Source:
Corcoran
Listing Agency: MOMENTUM REALTY Listing Agent: Tammie Trinh
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
San Jose Development Opportunity
This 0.57-acre corner lot in East San Jose presents a development opportunity. Zoned Neighborhood Commercial (CN) and designated as an Opportunity Site (OS), the county permits multifamily, apartment, and condominium development. An existing 966-square-foot single-family home with three bedrooms and one bathroom is grandfathered and currently rented for $4,000 per month, providing income during the planning and entitlement phases. The site may support up to 45 units, with the potential for a 4- to 6-story building, subject to approvals. The City of San Jose supports annexation upon development, offering builders and investors a chance to capitalize on the area's growing housing demand.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.8262175
- Latitude
- 37.3807518
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FAQs
What type of property is this?
Commercial land - 0.57-acre corner lot suitable for multifamily development.
Where is this commercial land located?
The property is located at 282 Vista Ave San Jose, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: - Prime 0.57-acre corner lot zoned Neighborhood Commercial (CN) and designated as an Opportunity Site (OS) allowing for multifamily, apartment, and condominium development.; - Potential to build up to 45 units with a 4-6 story building (subject to approvals).; - Existing grandfathered single-family home (3 bed, 1 bath, 966 sq ft) rented at $4,000/month provides income during planning and entitlement.
