283 San Jose Ave - Multi-Family FOR SALE


San Jose, CA 95125- Alma-Almaden
$1,300,000 USD
650-889-8288
283 San Jose Ave, San Jose, CA for Sale
$1,300,000 USD
Multi-Family - FOR SALE
1/4
null | Request Cap Rate

283 San Jose Ave
San Jose, CA 95125
Alma-Almaden


HIGHLIGHTS

  • 9,148 SF lot (approx. 0.21 acres)
  • Zoning: M1
  • Existing improvement: ±816 SF structure (1925 build)
  • Land-dominant value with redevelopment potential
  • Ideal for investors, developers, or owner-users
  • Infill San Jose location with long-term upside

OVERVIEW

Prime Commercial / Development Opportunity – 9,148 SF Lot in San Jose Rare opportunity to acquire a 9,148 square foot parcel located at 283 San Jose Avenue, San Jose, CA, offering strong redevelopment and value-add potential in an established infill location. The property is currently improved with a small, older single-family structure (approx. 816 SF, built in 1925), providing holding income or interim use while pursuing future development plans. The generous lot size and rectangular configuration allow flexibility for a variety of potential uses, subject to City approvals. Zoned M1, the site may appeal to developers, investors, or owner-users seeking a well-located property with long-term upside. The parcel consists primarily of land value, making it an ideal candidate for repositioning, redevelopment, or land banking. Situated in San Jose, the property benefits from proximity to major arterials, established neighborhoods, and surrounding commercial and industrial uses. The location supports strong demand fundamentals and future appreciation in a supply-constrained market.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$1,593 USD /SF

# OF UNITS

3

PRICE/UNIT

$433,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

283 San Jose Ave

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

435-25-010

ASK ABOUT THIS PROPERTY

Nicole CarterBridgegate Real EstateMore Info
650-889-8288

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Nicole CarterBridgegate Real EstateMore Info
650-889-8288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.