Santa Clara, CA 95050,1793 Lafayette Street
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Santa Clara, CA 95050,1793 Lafayette Street
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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Listed by Stephen Thaddeus Wawryk • KW Bay Area Estates
$ 5,600,000
Est. payment /mo
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Active

1793 Lafayette Street Santa Clara, CA 95050

22,659 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

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 Sub-Type Detached

Source Datashare MLSListings

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

Interior

Heating Other

Cooling Central Air

Fireplace No

Exterior

Garage Spaces 45.0

Private Pool false

Building

Story 2

Foundation Other

Water Public

Schools

School District Santa Clara Unified, Santa Clara Unified


Bay East AOR and Contra Costa AOR
agent

Donny Piwowarski

Broker | License ID: 01444374

+1(209) 740-1004

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1793 Lafayette Street