2470 Alvin Ave - Office/Residential FOR SALE
San Jose, CA 95121 |
2470 Alvin Ave
San Jose, CA 95121
HIGHLIGHTS
- Builder’s-Remedy Vesting | JV Proposals Invited: Open to market-rate or affordable development partners
- Fully Approved (H23-031) — Mixed-use infill with ±138 homes over ±5,000 SF retail; proceed directly to construction documents/plan-check
- Builder’s-Remedy; HAA-Protected Vesting — Approval under California’s Housing Accountability Act; buyer to verify scope of vesting and conditions.
- Open-Shop Bidding Potential — Reduced labor-mandate exposure noted path when not using public-works/streamlining programs; verify with counsel.
- Prime Corner Site — Dual frontage (Alvin Ave & Burdette Dr), efficient studio/1BR-forward mix, podium parking with EV-ready distribution.
- Parking Flexibility Signals — AB 2097 & San José policy may reduce minimums where transit eligibility is met.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Fully Entitled 138-Unit Multi-family Dev
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Office/Residential
TOTAL BUILDING SIZE
150000
STORIES
8
BUILDING CLASS
A
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
142
LAND DETAILS
LAND ACRES
0.93 AC AC
LAND SF
40,511 SF
ZONING
-
APN/PARCEL ID
670-02-021
