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2848 Florence Ave
San Jose, CA 95127
San Jose Residential Development Opportunity · Land For Sale
·
1.50 AC
Investment Highlights
- Residential Development Opportunity in Silicon Valley
- Determination that a density of 14.4 -16 units per acre can be achieved under the existing General Plan designation of Residential Neighborhood (RN).
- The property is located in Silicon Valley and 1/4 mile form the Alum Rock Light Rail Station.
Executive Summary
Determination that a density of 14.4 -16 units per acre can be achieved under the existing General Plan designation of Residential Neighborhood (RN).
Current zoning of R-1-8 can be utilized to develop up to 8 single family units per acre.
Excellent access for employees throughout the Bay Area via Highways 680, 280, 101 and 87.
Additional information available upon request including Site Boundary, City entitlement information, Preliminary Title Report, etc.
Property Facts In Escrow
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 1.50 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Residential | ||
| Zoning | R-1-8 - Determination that a density of 14.4 -16 units per acre can be achieved under the existing General Plan designation of Residential Neighborhood (RN). | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 1.50 AC |
| No. Stories | 1 |
| Zoning | R-1-8 - Determination that a density of 14.4 -16 units per acre can be achieved under the existing General Plan designation of Residential Neighborhood (RN). |
1 Lot Available
Lot
| Lot Size | 1.50 AC |
| Lot Size | 1.50 AC |
+- 1.5 acres of flat property with 3 homes located on 3 parcels. The property is located in Silicon Valley and 1/4 mile form the Alum Rock Light Rail Station. Excellent residential development opportunity in established neighborhood.
Description
+- 1.5 acres of flat property with 3 homes located on 3 parcels. The property is located in Silicon Valley and 1/4 mile form the Alum Rock Light Rail Station. Excellent residential development opportunity in an established neighborhood. Determination that a density of 14.4 -16 units per acre can be achieved under the existing General Plan designation of Residential Neighborhood (RN). Current zoning of R-1-8 can be utilized to develop up to 8 single family units per acre. Excellent access for employees throughout the Bay Area via Highways 680, 280, 101 and 87. Additional information available upon request including Site Boundary, City entitlement information, Preliminary Title Report, etc.
Property Taxes
| Parcel Number | 484-24-099 | Improvements Assessment | $162,061 |
| Land Assessment | $199,337 | Total Assessment | $361,398 |
Property Taxes
