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535 E Santa Clara St 0.44 Acres of Commercial Land Offered at $6,236,100 CAD in San Jose, CA 95112

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INVESTMENT HIGHLIGHTS

  • 41-unit (147-room) student housing with 4,000 sf of ground floor retail
  • Across the street from SJSU
  • Adjacent to a successful student housing project called Sparta505 (505 E Santa Clara)
  • The project is currently entitled

EXECUTIVE SUMMARY

This is a confidential and exclusive offering by Marcus & Millichap. All property showings are by appointment only. The information provided is intended for qualified buyers and is subject to verification as part of a thorough due diligence process. The property is offered at $4,500,000 and is zoned Urban Village, with a lot size of 19,002 square feet. The project is currently entitled. Interested parties are encouraged to contact the exclusive listing agents for further details and to schedule a tour.

PROPERTY FACTS

Price $6,236,100 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Dorms
Total Lot Size 0.44 AC
Zoning Urban Village - Urban Village

1 LOT AVAILABLE

Lot

Price $6,236,100 CAD
Price Per AC $14,295,571.60 CAD
Lot Size 0.44 AC

19,002 SF Urban Village lot, fully entitled for six-story student housing with retail, steps from San Jose State University and adjacent to the successful Sparta505 student housing building.

DESCRIPTION

Presenting 535 E. Santa Clara Street, an entitled student-housing development opportunity in the heart of San Jose, CA. This six-story project is designed to deliver 41 units (147 rooms) of modern student housing, complemented by 4,000 square feet of ground-floor retail. Located directly across the street from San Jose State University and adjacent to the successful Sparta505 student housing project, this property offers unmatched proximity to campus and the vibrant downtown core. The project is fully entitled and just one year away from construction, providing a rare chance to capitalize on the strong demand for student accommodations in Silicon Valley’s most dynamic city. The site features a range of premium amenities, including a gym, courtyard, in-unit washer/dryer, stainless steel appliance.

Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
467-16-088
Land Assessment
$1,114,691 CAD
Improvements Assessment
$1,651,701 CAD
Total Assessment
$2,766,393 CAD
  • Listing ID: 38972896

  • Date on Market: 2026-01-05

  • Last Updated:

  • Address: 535 E Santa Clara St, San Jose, CA 95112

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