POTENTIAL FOR DEVELOPMENT! This property has 2 combined parcels totaling 10,355 Sq. Ft. located in Downtown San Jose. There is vacant land on the north side of the lot and an existing Victorian house along the southern border. Development opportunities include keeping current home and building additional townhomes or demolishing current home and building multiple story condo/apartment building. Buyer to verify with City of San Jose. The home includes 4 bedrooms and 2 bathrooms with a spacious living room, dining room, and kitchen. There is also a large basement, front porch, backyard, and 4+ parking spaces. The two bedrooms in the back and a bathroom have a separate entrance. The Victorian house includes hardwood flooring, 10 ft ceilings, a newer A/C & furnace, double pane windows, and upgraded 200-amp electrical service. The parcel is situated in the core of San Jose/Silicon Valley with excellent access to public transportation; it is located within 1.7 driving miles or 1.1 walking/bike miles of Diridon Station and within 1 mile of SJSU. The property also provides quick and easy access to both Interstate 280 as well as Highway 87. The property is ready to be made over into your dream vision, come see the possibilities now!