$5,999,995
The site is currently entitled for 62 residential units, offering a valuable head start for those ready to move forward. For developers with a different vision, there is also flexibility to adapt or reimagine the plans to better align with specific investment strategies or design goals. This rare ½-acre rectangle lot presents an exceptional opportunity for a modern, urban medium/high-density multi-family project, surrounded by an established mix of apartments, condominiums, townhomes, and multiplexes. The property is situated adjacent to a large apartment community and near a condominium project under construction, underscoring the inherent demand and proven success in the immediate area. Located in Willow Glen, this development site is within walking distance to the light rail and just minutes from major freeways, ensuring strong connectivity and lifestyle appeal for future residents. With the Bay Areas ongoing housing shortage and consistent demand for residential units, this parcel is uniquely positioned for timely development and long-term success.
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Listed by Awne Elrabadi with DEAL Real Estate Services (408) 688-4928
Property Type
Commercial Sale
Status
Active
MLS Number
ML82023672
Year Built
1962
Lot Size
0.58 acres