1793 Lafayette Street

Santa Clara, CA 95050
$6,500,000
0.67 acres | #ML81980312
Courtesy of KW Bay Area Estates

Description

New Development Opportunity in the Heart of Silicon Valley: 1793 Lafayette St offers a rare opportunity for the astute Investor to acquire a 29,185 SqFt lot and an income-generating office asset with significant development potential. The property is designated for Medium Density Residential use in the General Plan, allowing for 20-36 DU/acre. Recent upgrades to the building include a new roof and a 36kW photovoltaic solar system, complemented by Silicon Valley Power, which ensures low energy costs. There is also the option for an owner-user to occupy approximately 15,000 SqFt or the entire second floor. Conveniently located less than a 10-minute drive from San Jose Mineta International Airport and Santa Clara Square Marketplace, this property allows both International and Domestic investors to commute easily while enjoying nearby amenities. Buyer to verify current zoning/building requirements/restrictions with City of Santa Clara building dept.

  • Property Details
      • Acres:0.67
      • Property type:Purchase
      • Sewer information:PublicSewer
      • Utility source:Public
      • School district:Other
      • County:Santa Clara
      • Original List Price:$6, 500, 000
      • MLS #:ML81980312
      • Cost:6500000
      • Property subtype:Land
      • MLS #:ML81980312

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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