690 Chapman ST, San Jose, CA 95126

$4,000,000

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Listed by Carlos Azucena, 408-205-2679 from Marcus & Millichap
(If provided) CoList: from

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List Price: $4,000,000
MLS#: ML82064538
Status: ACTIVE
Zoning: R-1-8
Lot Size: 29,621
Neighborhood: Central San Jose

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Property Description

The San Jose Rose Garden residential development site is comprised of two vacant, adjacent parcels, 690 Chapman St and 1274 Naglee Ave.. The lots measure at 22,200 sf and 7,400 sf respectively for a combined area of .68 acres, per the county record. It is zoned R-1-8, low-to-medium density residential, allowing for the development of five single-family residences with the possibility of additional density under AB 1123. Single family home sales in the immediate area over the last 18 months range from $4.8M - $2.3M or $1,274 - $896 per foot. The property is currently being used as a parking lot.

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Additional Information

Development Status: Lot Split Possible
Fence: Partial Fencing
Lot Description: Grade - Level
Lot Size: 29,621
Neighborhood: Central San Jose
Other Utilities: Public Utilities
Parcel Access: Accessible
Present Use: Other
Sewer: Sewer - Public
Unincorporated Yn: Yes
Zoning: R-1-8

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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Legacy Real Estate Inc are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.