1793 Lafayette Street
Santa Clara, CA, 95050
$5,600,000
Beds
0 Baths
22,659 SqFt
0.67 Acres
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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.

Property Details

Price:
$5,600,000
MLS #:
ML81995430
Status:
Active
Beds:
0
Baths:
0
Address:
1793 Lafayette Street
Type:
Single Family
Neighborhood:
699notdefined
City:
Santa Clara
Listed Date:
Feb 25, 2025
State:
CA
Finished Sq Ft:
22,659
ZIP:
95050
Lot Size:
29,185 sqft / 0.67 acres (approx)
Year Built:
1936
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Garage Spaces
45.00
Parking Features
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Parking Spots
45.00
Roof
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2
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1793 Lafayette Street
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