653 South ST Hollister, CA 95023
LAND - HOLLISTER, CA
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 agent Jacqueline B McAbee License #01485247 (831) 245-6919
Listing office Nino Real Estate 829 San Benito St, Suite #100, Hollister, CA (831) 637-0111
Listing date Mar 3, 2026
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Investment Insights
Based on property information with market context.
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 |
