Santa Clara, CA 95050,1793 Lafayette Street
Santa Clara, CA 95050,1793 Lafayette Street
Santa Clara, CA 95050,1793 Lafayette Street
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$5,900,000
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22,659 SqFt
Active

1793 Lafayette Street Santa Clara, CA 95050

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 22,659 sqft

Price per Sqft $260

MLS Listing ID ML81995430

HOA Y/N No

Year Built 1936

Lot Size 0.670 Acres

Acres 0.67

Property Sub-Type Single Family Residence

Property Description

Price Reduction | 1793 Lafayette St, Santa Clara offers a rare opportunity for an owner/user to utilize the space or convert the 22,551 SqFt building into residential: Live/Work, Apartments, Co-Living, or Condos - 27 units or more | $240,740 per unit. With the average rent in Santa Clara at $3,062, once converted, the property can be expected to gross $1,000,000 in rents. 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. Rents and home prices continue to climb, with demand for new townhomes, apartments, and condos evident in an ever-growing Silicon Valley. The property is designated for medium-density residential use in the General Plan, allowing for 20-36 DU/acre. Per Planning department conversations, you can show plans to get the building up to residential code and then convert the building for residential use.

Location

State CA

County Santa Clara

Zoning Medi

Interior

Heating Other

Fireplace No

Exterior

Garage Spaces 45.0

Private Pool false

Building

Story 2

Foundation Other

Sewer Public Sewer

Water Public

Level or Stories Two Story

New Construction No

Schools

School District Santa Clara Unified

Others

Tax ID 22429021


Bridge MLS
Listed by Stephen Thaddeus Wawryk • KW Bay Area Estates

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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1793 Lafayette Street