4146 Mitzi Dr San Jose, CA 95117
This exceptional 0.63-acre commercial land parcel, located at 4146 Mitzi Drive in San Jose, California (zip code 95117, APN 299-16-001), presents a fully entitled 14-unit residential development opportunity. The property is zoned PD and has received all necessary PD permit approvals, significantly streamlining the development process. Detailed construction drawings are currently under city plan check review. The proposed development comprises twelve three-story residential townhomes arranged within four buildings (A, B, C, and D), offering a range of sizes from 1,365 to 2,181 square feet. In addition, the project includes two two-story residential condos, ranging from 1,563 to 1,827 square feet, designed with inspiration from the historic Graves House. This prime location in Santa Clara County offers significant potential for investors seeking a ready-to-build project with substantial returns. The asking price for this exceptional opportunity is $4,550,000. Don't miss this chance to acquire a fully entitled development site in a thriving San Jose market. All information is deemed reliable but not guaranteed.
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
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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.