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Residential Land for Sale in San Jose, California

850 Calhoun St, San Jose, CA 95116

$3,250,000
0.72 acres
Active
Est $24,105/mo

Prime investment, rare opportunity in beautiful San Jose's Downtown to redevelop an approximately 0.72-acre parcel (APN 467-30-054) zoned R3. There are 2 remodeled units, along with a small warehouse that can also be rented out while drawings and the project are underway. Recently entitled Stamp Survey Map and Feasibility Study, and suggested SB 10 or SB 330 HOUSING PROJECT PRELIMINARY. * Possible plan of up to 21-30 units (city-approved density of 30 units/acre) to be built out through the city due to the housing shortage. SB 330 is a Faster Project Approval: The streamlined review process and limitations on new regulations can lead to faster project approvals, reducing the overall time it takes to get a housing development project off the ground. This property is a straightforward project. * Located in the San Jose Downtown area with easy access to numerous amenities, San Jose State University, A 1-minute walk to Santa Clara St, the surrounding area consists of retail businesses and public transportation within walking distance. Near Downtown San Jose, the 101 freeway, and Google's planned Downtown. Don't miss a great opportunity to help our beautiful city with its housing shortage and make a lifetime investment.

Location

Street address
850 Calhoun St
Community
Central San Jose
Elevation
98 feet
Coordinates
37.3433, -121.8727

Property details

Lot size
0.72 acres31,363 sq ft
Zoning
R3
MLS #
MLSL ML82012297
Posted

Parcels

  • 46730054

Details and features

Listing

Type
Land
Subtype
Other
Franchise
Keller Williams Realty

Lot

View
City

Exterior

Fencing
Fenced
Features
Fence

Listing history

DateEventPriceChangeSource
June 25, 2025New listing$3,250,000MLSL
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This 0.72-acre property is located at 850 Calhoun St in San Jose, CA 95116. The property is available for sale for $3,250,000.

Checked 56 mins ago — Updated

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