CA > Santa Clara
Santa Clara, CA 95050,1793 Lafayette ST
Santa Clara, CA 95050,1793 Lafayette ST
Santa Clara, CA 95050,1793 Lafayette ST
Santa Clara, CA 95050,1793 Lafayette ST
Santa Clara, CA 95050,1793 Lafayette ST
Santa Clara, CA 95050,1793 Lafayette ST
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Tracy Baker

Tracy Baker

+1(619) 507-4230
$ 5,600,000
Est. payment | /mo

0.67 Acres Lot

Save
$ 5,600,000
Est. payment | /mo
Save

0.67 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID ML81995434

HOA Y/N No

Lot Size 0.670 Acres

Property Description

4 minutes from Santa Clara University - 1793 Lafayette St offers a rare opportunity for an Owner/User to utilize the space and convert the 22,551 SqFt building into residential or build brand new: Townhomes, Multifamily, Co-Living, or Live/Work. Recently zoned Medium-Density Residential, the 29,185 SqFt lot allows for 24 units + 8-9 potential ADUs. With the average rent in Santa Clara at $3,062, once converted into multifamily, the property can be expected to gross nearly $1.2M in rents per year. Conveniently located less than a 10-minute drive from San Jose Mineta International Airport and Santa Clara Square Marketplace, this space resides within a thriving community with nearby amenities and parks. Recent upgrades to the building include a new roof and a 36 kW photovoltaic solar system, complemented by Silicon Valley Power, which ensures low energy costs. The owner/user tenant can occupy approximately 15,000 sq ft or the entire second floor. Buyers are to verify current zoning/building requirements/restrictions with the City of Santa Clara building department.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning Medium Density Residentia

Interior

Fireplace No

Exterior

View Y/N No

Building

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 22429021

Special Listing Condition Standard

CRMLS – RECore
Listed by Stephen Thaddeus Wawryk KW Bay Area Estates
Tracy Baker

+1(619) 507-4230

tracy@tracybbaker.com

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