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1470 W San Carlos St 213 Unité Immeuble d’appartements À vendre San Jose, CA 95126
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Faits saillants de l'investissement
- Fully entitled 213-unit, 7-story multifamily community on ±37,189 SF (0.854 AC)
- Unit mix: 155 one-bedroom and 58 two-bedroom units
- Under 1 mile to Diridon Station: Caltrain, VTA Light Rail, Amtrak, ACE, future BART
- Discretionary entitlements and ministerial approvals in place
- ±1,490 SF of ground-floor commercial plus 182 parking spaces in a single subterranean level
- Immediate access to I-280 and CA-87; 1.5 miles to Downtown San Jose
Résumé de l'annonce
1470 W San Carlos St - Entitled 213-Unit Multifamily Development Site
Unpriced
Borelli Investment Company is pleased to present a rare opportunity to acquire a ±37,189 SF (0.854 AC) fully entitled multifamily development site comprising two contiguous parcels on West San Carlos Street in central San Jose, one of Silicon Valley's most supply-constrained residential markets.
The site is fully entitled for a 213-unit, 7-story multifamily community with discretionary entitlements and ministerial approvals in place, allowing a buyer to proceed toward vertical development with substantially reduced entitlement risk. The approved program includes ±139,782 SF of residential area across 155 one-bedroom and 58 two-bedroom units, ±1,490 SF of ground-floor commercial, and 182 parking spaces in a single subterranean level.
Located in the established West San Carlos urban infill corridor, the site is under 1 mile from Diridon Station (Caltrain, VTA Light Rail, Amtrak, ACE, and future BART), 1.5 miles from Downtown San Jose, and minutes from Santana Row and Westfield Valley Fair, with immediate access to I-280 and CA-87.
Assisted living development could also be accommodated on the site, though it would require a change to the current entitlements.
Unpriced
Borelli Investment Company is pleased to present a rare opportunity to acquire a ±37,189 SF (0.854 AC) fully entitled multifamily development site comprising two contiguous parcels on West San Carlos Street in central San Jose, one of Silicon Valley's most supply-constrained residential markets.
The site is fully entitled for a 213-unit, 7-story multifamily community with discretionary entitlements and ministerial approvals in place, allowing a buyer to proceed toward vertical development with substantially reduced entitlement risk. The approved program includes ±139,782 SF of residential area across 155 one-bedroom and 58 two-bedroom units, ±1,490 SF of ground-floor commercial, and 182 parking spaces in a single subterranean level.
Located in the established West San Carlos urban infill corridor, the site is under 1 mile from Diridon Station (Caltrain, VTA Light Rail, Amtrak, ACE, and future BART), 1.5 miles from Downtown San Jose, and minutes from Santana Row and Westfield Valley Fair, with immediate access to I-280 and CA-87.
Assisted living development could also be accommodated on the site, though it would require a change to the current entitlements.
Faits sur la propriété
| Type de vente | Investissement | Classe d’immeuble | B |
| Condition de vente | Projet de redéveloppement | Taille du lot | 0,39 AC |
| Nombre d’unités | 213 | État de la construction | Proposé |
| Type de propriété | Immeuble residentiel | Taille du bâtiment | 200 000 pi² |
| Sous-type de propriété | Appartement | Nombre d’étages | 7 |
| Style d’appartement | De hauteur moyenne | ||
| Zonage | CN | ||
| Type de vente | Investissement |
| Condition de vente | Projet de redéveloppement |
| Nombre d’unités | 213 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | B |
| Taille du lot | 0,39 AC |
| État de la construction | Proposé |
| Taille du bâtiment | 200 000 pi² |
| Nombre d’étages | 7 |
| Zonage | CN |
1 1
Moyennement accessible à pied
70/100
Très bien adapté aux voitures
80/100
Bons transports en commun
60/100
Moyennement accessible en vélo
60/100
Impôts fonciers
| Numéro de lot | 277-20-035 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 3 326 243 $ CAD | Évaluation totale | 3 326 243 $ CAD |
Impôts fonciers
Numéro de lot
277-20-035
Évaluation du terrain
3 326 243 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
3 326 243 $ CAD
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1470 W San Carlos St
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