• N 1st Street San Jose, CA 95112

  • $600,000
  • 0
    Sq Ft

Rare buildable lot, 50 ft by 137.5 ft for 6,875 SF with the corners marked during a 2023 survey. Flexible development opportunity currently zoned R-1-8 (1 to 2 units) with a current favorable City of San Jose Preliminary Review to change zoning to either Mixed Use Neighborhood (1 to 8 units) or Urban Residential (4 to 14 units). 562 North 1st Street is located at the Japantown/Ayer light rail station, Rankin Ave. Easy access to both 87 & 880. According to the 1900 Census 562 N 1st Street had a single-family home. Likely built in 1898 and destroyed in 1906 and never rebuilt. The previous APN was the northern portion of 249-43-047. The current APN 249-43-090 was issued 9/7/2023 and includes Parcel #2 (8 feet wide) and Parcel #3 (42 feet wide) for a combined frontage of 50 feet. Both Parcels are included in this listing. There is a 10-foot sewer easement across the front of the lot for the southern 32 feet of the combined lot. The Queen Anne SFR at 560 N 1st Street is very close to the shared property line. Please do not disturb the occupants at 560.

Property Type :

Land

County :

Santa Clara

Style :

Land

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Property Details

 

Water/Sewer

Sewer: Public Sewer,Sewer Available

Heating & Cooling

Water Source: Public,Meter Required

Road Type

Paved

City Street

Fencing

Chain Link,Wood,Other

Fencing

Chain Link,Wood,Other

Lot Information

Lot Dimensions: 50 x 137.5

Lot Description: Public Trans Nearby,Curb(s),Shape Regular,Sidewalk(s),Storm Drain(s),Street Light(s)

Lot Square Feet: 6,874

Topography: Level

Property Information

Property Type: Land

Sub Type: Residential Lot

Cross Street: Rankin

Source Neighborhood: Central San Jose

Area: San Jose S: 95112

Zoning: 2nd Unit Possible,Residential,Rezone Possible,Single-Family,Multi-Residential,See Remarks

Farm Info

Irrigation Source: None

Listing Price Information

Listing Id: 224012852

List Price: $600,000

Tax Information

Parcel Number: 249-43-089

Homeowners Association Information

Association YN : No

Calculated Total Monthly Association Fees : $0

School Information

Elementary School District: San Jose Unified

Junior High School District: San Jose Unified

Senior High School District: San Jose Unified

Utility Information

Cable Available,Underground Utilities,Internet Available,Water Available

Electric: Electric Available

Location Information

Direction: Located just north of Rankin between 560 and 568 N 1st Street. Immediately north of the Yellow Victorian house. first buyer did not make their deposit, cancellation signed

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
384 S 11th St, San Jose, CA,95112 $675,000 2 2 1,050 1500 Sqft
S 3rd Street #505, San Jose, CA,95112 $539,900 1 1 1,023 --
E Taylor Street, San Jose, CA,95112 $1,250,000 4 2 1,405 --
623 S 2nd Street, San Jose, CA,95112 $1,580,000 9 -- 3,360 4356 Sqft
N 8th #131, San Jose, CA,95112 $772,500 2 2 1,173 --
818 N 13th Street, San Jose, CA,95112 $1,148,000 3 1 1,316 5227 Sqft
456 E San Salvador Street, San Jose, CA,95112 $1,249,000 3 3 1,444 1444 Sqft
1350 Oakland Road, San Jose, CA,95112 $350,000 3 2 880 --
520 Madera Avenue, San Jose, CA,95112 $1,595,000 7 -- 3,468 8712 Sqft
144 S 3rd Street #159, San Jose, CA,95112 $835,000 2 2 1,800 --

ByOwner last updated this listing 05/10/2024 @ 10:29

MLS: 224012852
LISTED BY: Richard Calhoun, Creekside Realty
SOURCE: MLS Metrolist
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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