Prime investment, rare opportunity in beautiful San Jose’s Downtown to redevelop an approximately 0.72-acre parcel (APN 467-30-054) zoned R3. There are 2 remodeled units, along with a small warehouse that can also be rented out while drawings and the project are underway. Recently entitled Stamp Survey Map and Feasibility Study, and suggested SB 10 or SB 330 HOUSING PROJECT PRELIMINARY. * Possible plan of up to 21-30 units (city-approved density of 30 units/acre) to be built out through the city due to the housing shortage. SB 330 is a Faster Project Approval: The streamlined review process and limitations on new regulations can lead to faster project approvals, reducing the overall time it takes to get a housing development project off the ground. This property is a straightforward project. * Located in the San Jose Downtown area with easy access to numerous amenities, San Jose State University, A 1-minute walk to Santa Clara St, the surrounding area consists of retail businesses and public transportation within walking distance. Near Downtown San Jose, the 101 freeway, and Google’s planned Downtown. Don’t miss a great opportunity to help our beautiful city with its housing shortage and make a lifetime investment.
Property Details
Price:
$3,250,000
MLS #:
ML82014259
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Mixed Use
Neighborhood:
699notdefined
Listed Date:
Jul 10, 2025
Lot Size:
31,349 sqft / 0.72 acres (approx)
Year Built:
1898
See this Listing
Schools
Interior
Appliances
Gas Oven
Flooring
Laminate
Heating
Wall Furnace
Exterior
Architectural Style
Craftsman
Parking Features
Workshop in Garage
Parking Spots
100.00
Roof
Shingle
Security Features
Security Lights
Financial
Map
Community
- Address850 Calhoun Street San Jose CA
- Neighborhood699 – Not Defined
- CitySan Jose
- CountySanta Clara
- Zip Code95116
Subdivisions in San Jose
- AXIS HOA
- BASKING RIDGE
- BERRYESSA
- BLOSSOM HILL
- California Maison d\’ Esprit
- CAMBRIAN
- Cedar Terrace
- CENTRAL SAN JOSE
- CENTRALSAE
- Creekside Station
- DOWNTOWN
- EAST VALLEY
- EVERGREEN
- HIDDEN GLEN
- Jasmine Heights
- MIDTOWN
- Rio Villages
- ROSE GARDEN
- SAN JOSE CC
- SANTA TERESA
- Sierra Crest Homeowenrs Asso.
- SILVER CREEK
- Silver Creek Townhouses
- Tradewinds
- Tradewinds Terrace
- VISTA PARK
- W.SAN JOSE
- WILLOW GLEN
Market Summary
Current real estate data for Residential Income in San Jose as of Oct 23, 2025
91
Residential Income Listed
548
Avg DOM
$1,735,727
Avg List Price
Property Summary
- 850 Calhoun Street San Jose CA is a Residential Income for sale in San Jose, CA, 95116. It is listed for $3,250,000
Similar Listings Nearby

850 Calhoun Street
San Jose, CA