Santa Clara, CA 95050,1793 Lafayette ST
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Santa Clara, CA 95050,1793 Lafayette ST
Santa Clara, CA 95050,1793 Lafayette ST
Santa Clara, CA 95050,1793 Lafayette ST
Santa Clara, CA 95050,1793 Lafayette ST
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$ 5,600,000
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1793 Lafayette ST Santa Clara, CA 95050

22,659 SqFt


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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 22,659 sqft

Price per Sqft $247

MLS Listing ID ML81995430

HOA Y/N No

Year Built 1936

Lot Size 0.670 Acres

Property Description

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.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning Medium Density Residentia

Interior

Cooling Central Air

Fireplace No

Exterior

Parking Features Guest

Garage Spaces 45.0

Garage Description 45.0

View Y/N No

Roof Type Other

Total Parking Spaces 45

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Other

Others

Tax ID 22429021

Special Listing Condition Standard


CRMLS – RECore
Listed by Stephen Thaddeus Wawryk KW Bay Area Estates
agent

Kyle Andrade

Realtor | Listing Specialist | 02136739 | License ID: 02136739

+1(951) 240-8338

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1793 Lafayette ST