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Wilson Leung

wilson@theownteam.com +1(650) 280-8888

Listed by Stephen Thaddeus Wawryk • KW Bay Area Estates

$ 5,600,000

Est. payment | -/mo

22,659 SqFt

Save

$ 5,600,000

Est. payment | -/mo

Save

22,659 SqFt

OPEN HOUSE

Sat Aug 16, 1:00pm - 4:00pm

Key Details

Property Type Single Family Home

Sub Type Other Residential

Listing Status Active

Purchase Type For Sale

Square Footage 22,659 sqft

Price per Sqft $247

MLS Listing ID ML81995430

Year Built 1936

Lot Size 0.670 Acres

Property Sub-Type Other Residential

Property Description

1793 Lafayette St, Santa Clara offers a rare opportunity for an Owner/User to utilize the space and convert the 22,551 SqFt building into residential or build brand new: Condos, Apartments, Co-Living, or Live/Work. Medium-Density Residential zoning allows for 24 units + 8-9 potential ADUs - priced at $175k per unit. With the average rent in Santa Clara at $3,062, once converted into multifamily, the property can be expected to gross nearly $1.2M in rents per year. 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. Buyers are to verify current zoning/building requirements/restrictions with the City of Santa Clara building department.

Location

State CA

County Santa Clara

Area Santa Clara

Zoning Medium Density Residential

Rooms

Family Room Other

Dining Room Other

Interior

Heating Other

Cooling Central AC

Exterior

Parking Features Common Parking Area, Guest / Visitor Parking

Garage Spaces 45.0

Utilities Available Public Utilities, Solar Panels - Owned

Roof Type Other

Building

Story 2

Foundation Other

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Tax ID 224-29-021

Horse Property No

Special Listing Condition Not Applicable

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA, 94030, United States

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1793 Lafayette ST Santa Clara, CA 95050