375-383 Baywood Ave San Jose, CA 95128
This exceptional 11-story mixed-use development opportunity in San Jose, CA presents a fully entitled project approved by the San Jose Planning Department. Located at 375-383 South Baywood Avenue, this prime property boasts a total of 79 residential condominium units, offering a diverse mix of 34 one-bedroom, 41 two-bedroom, and 4 three-bedroom units. The building also includes 9,820 square feet of high-image commercial space situated on the first and second floors, ideal for a variety of businesses. The total building square footage is 197,819 square feet, situated on a 0.45-acre lot (APN 277-34-038, 039, 040). The building features a mixed parking structure with 98 spaces, including 44 stacked and 54 single spaces, spread across two subterranean levels and one above ground. Residential access is conveniently located on Hemlock Avenue, while commercial access is available from Hemlock, Baywood, and Redwood Avenues. The project includes a 10-foot rear setback and easements for 15-foot sidewalks. Note that seven trees will be removed, with replacement trees provided as part of the development. This high-density project is adjacent to Santana Row, offering unparalleled convenience and access to amenities. The building height is 119 feet 8 inches. This is a truly unique opportunity to acquire a fully entitled, ready-to-build multifamily and commercial development in a highly desirable San Jose location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.