REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Brian Piper

brian@piperpacificgroup.com +1(442) 282-2233

$ 1,899,000

Est. payment | -/mo

3 Beds

2 Baths

1,606 SqFt

Save Virtual Tour

$ 1,899,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

2 Baths

1,606 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,606 sqft

Price per Sqft $1,182

Subdivision Almaden

MLS Listing ID 41141120

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1950

Lot Size 0.285 Acres

Property Sub-Type Single Family Residence

Property Description

Exceptional opportunity to acquire a highly desirable property in the heart of San Jose with multiple value-add possibilities. Situated on approximately 12,426± SF (0.29± acres), this versatile property is ideal for developers, investors, or owner-users. Whether you're looking to build a custom dream home on a spacious lot, renovate the existing residence, hold it as an income-producing rental, or pursue a multifamily development, this property offers outstanding flexibility and long-term upside. For developers, the property includes plans for a proposed five-story, 27-unit apartment community totaling approximately 44,188± SF of gross building area. The proposed project features a mix of one- and two-bedroom residences, 31 structured parking spaces, a rooftop amenity deck, EV charging infrastructure, bicycle parking, elevator access, a controlled-access garage, and contemporary architectural design. The seller has already invested significantly in advancing the project by completing and paying for numerous professional studies, engineering, and entitlement-related services, including architectural design, civil engineering, landscape architecture, joint trench design, construction cost analysis, underground utility locating, BOV services, MEP engineering, arborist report, architectural historian assessment, City of San Jose application and review fees, environmental analysis, Transportation Demand Management (TDM) Plan, and transportation analysis. This extensive due diligence and pre-development work represents substantial time and cost savings for a future buyer. Ideally located near Downtown San Jose, Willow Glen, Highways 87 and 85, major Silicon Valley employers, shopping, dining, parks, and public transportation, the property offers exceptional accessibility and is positioned within one of Silicon Valley's strongest residential markets. Buyer to independently verify all property information, zoning, development potential, permits, approvals, reports, plans, and the transferability and status of all development documents with the City of San Jose and the applicable consultants. Development plans and supporting documents are available upon request.

Location

State CA

County Santa Clara

Rooms

Other Rooms Barn(s)

Interior

Interior Features Eat-in Kitchen

Heating Forced Air

Cooling See Remarks

Flooring Tile

Fireplaces Type Living Room

Fireplace Yes

Exterior

Parking Features Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Roof Type Shingle

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Front Yard, Yard

Story One

Entry Level One

Architectural Style Ranch

Level or Stories One

Additional Building Barn(s)

New Construction No

Others

Tax ID 45609005

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://unbranded.youriguide.com/1966_almaden_rd_san_jose_ca/

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Harmit S Toor Bay East Brokers, Inc #01462579

1966 Almaden Rd San Jose, CA 95125

Brian Piper

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

1966 Almaden Rd