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Property profile

375-383 Baywood Ave San Jose, CA 95128

OFF-MARKET
Mixed-use properties
197,819 SF 0.45 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties
Total area 197,819 SF
Lot 0.45 ac (19,602 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

375-383 Baywood Ave San Jose, CA 95128
San Jose metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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