$1,680,000
For Sale

7280 Marylinn Drive

Milpitas, CA 95035
0.35 acres | #ML81927870
Listing OfficeUniversal Network Group
Browse 100 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Possible subdivided into 4-5 lots R1(frontage 281.42 ft long), buildable area one story (4435SF per old building plan in 1990) now building floor ratio almost X 3 n subject to meet all requirements for setbacks, parking, open space, building codes; current R3B zoning could build a 3-story, 4+ units(1x 4-plex or 2x2-plex), maximum of 11,330SF. SFH sold $800/sf, condos SOLD $667/SF, Sellers left lots of profit on the table. The property offers a mixed-use opportunity for potential buyers, with the option to use 1st Fl. as a versatile commercial space that can be adapted to various needs such as medical clinics, retail stores, showrooms, classrooms, restaurants, offices, OEMs/branches/sales offices. The 2nd n 3rd Floor are for residential use, offering the potential to create either a large family home or another 3 separate condos, at the buyer's preference. The flexible layout of the building presents multiple opportunities, such as Michelin Stars Restaurant, 1st and 2nd floor for restaurant and kitchen, 3rd floor for chef's residence, also with an herb or vegetable garden in one place. Subject to city design review.

  • Property Details
      • Sewer InformationPublicSewer
      • CountySanta Clara
      • Original List Price$2,879,900
      • MLS #ML81927870
      • MLS #ML81927870
      • Property TypePurchase
      • High SchoolMilpitas
      • Cost1680000
      • Acres0.3468
      • Utility SourcePublic
      • Lot DescriptionLevel
      • School DistrictOther
      • Elementary SchoolOther
      • Middle SchoolOther
      • Property SubtypeLand

Location

Alex HooksReal Estate Group
$
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Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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