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.
For sale
Price cut: $300K (6/5)
$5,600,000
1793 Lafayette St, Santa Clara, CA 95050
0beds
--baths
22,659sqft
Est.:
Other
Built in 1936
0.67 Acres Lot
$-- Zestimate®
$247/sqft
$-- HOA
What's special
New roof
- 183 days
- on Zillow |
- 698 |
- 8 |
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