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1520 W San Carlos St
San Jose, CA 95126
Land For Sale
·
1.63 AC
Investment Highlights
- Approved 256-Unit Multifamily Redevelopment with 20% BMR inclusionary housing
- Located in a Supply-Constrained Housing Market with sustained rental demand and low vacancy
- 1.62-Acre Urban Infill Site in the West San Carlos Urban Village Plan
- Strong Employment Base near major Silicon Valley tech employers in San Jose, Santa Clara, and Sunnyvale
Executive Summary
Property Facts
1 Lot Available
Lot
| Lot Size | 1.63 AC |
| Lot Size | 1.63 AC |
Entitled 1.62-acre redevelopment site in San Jose’s West San Carlos Urban Village, approved for 256 multifamily units with ground-floor retail, high density, and transit-oriented positioning.
Description
The subject property consists of a fully entitled multifamily redevelopment site located at the corner of West San Carlos Street and South Willard Avenue. Plans call for a 256-unit residential community comprised of a seven-story market-rate building and a six-story BMR building connected by a podium. The project includes 4,645 square feet of ground-floor commercial space, structured parking, and extensive indoor and outdoor amenities. Unit plans range from studios to three-bedroom residences, each featuring a private balcony. The site is designed to meet San Jose’s Urban Village planning objectives while addressing the city’s critical housing shortage.
Property Taxes
| Parcel Numbers | Improvements Assessment | $159,559 CAD | |
| Land Assessment | $19,803,868 CAD | Total Assessment | $19,963,427 CAD |
Property Taxes
