Description
New price improvement | 1793 lafayette st, santa clara offers a rare opportunity for an owner/user to utilize the space with the option of converting the 22,551 sqft building into residential: live/work, apartments, co-living, or condos - 27 units or more | $240,740 per unit. with the average rent in santa clara at $3,062, once converted, the property can be expected to gross $1,000,000 in rents. conveniently located less than a 10-minute drive from san jose mineta international airport and santa clara square marketplace, this space resides within a thriving community with nearby amenities and parks. recent upgrades to the building include a new roof and a 36 kw photovoltaic solar system, complemented by silicon valley power, which ensures low energy costs. the owner/user tenant can occupy approximately 15,000 sq ft or the entire second floor. rents and home prices continue to climb, with demand for new townhomes, apartments, and condos evident in an ever-growing silicon valley. the property is designated for medium-density residential use in the general plan, allowing for 20-36 du/acre. per planning department conversations, you can show plans to get the building up to residential code and then convert the building for residential use.
Property Type
LandCounty
Santa ClaraStyle
LandAD ID
48703603
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.67
- Lot Size Source: Assessor
- Lot Size Square Feet: 29185
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Listing Information
Listing Price Information
- Original List Price: 5,600,000
- Listing Contract Date: 2025-02-25
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 22429021
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Directions: Cross Street: Lafayette St
- Zoning: Medium Density Residentia
- Source Property Type: Land
- Area: 699 - Not Defined
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 06/09/2025 @ 11:24
- MLS: ML81995434
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 29,185 sized lot, and 0 parking. are nearby neighborhoods.