Multi-Family
Fully Approved 256-Unit Site
1520 W San Carlos St, San Jose, CA 95126
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present 1520 West San Carlos Street, a 1.62-acre redevelopment site approved for a 256-unit multifamily community. The project includes a mix of studio, one-bedroom, two-bedroom, and three-bedroom units. Approvals for the site include a 20% BMR inclusionary housing requirement. The current design proposes 205 market rate units in a seven-story building and 51 below market rate units in a connected six-story building. Additionally, the project has 4,645 square feet of ground floor commercial space.
Fully Approved 256-Unit Site
Investment Highlights
- 1.62-acre site approved for 256 multifamily units
- Blocks from Safeway, Walgreens, FoodMaxx, and neighborhood amenities
- Near shopping, dining, and entertainment at Westfield Valley Fair and Santana Row
- Less than two miles to major employers in downtown San Jose
- Walking distance to VTA light rail, which connects to multiple transit agencies
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- 1.62-acre site approved for 256 multifamily units
- Blocks from Safeway, Walgreens, FoodMaxx, and neighborhood amenities
- Near shopping, dining, and entertainment at Westfield Valley Fair and Santana Row
- Less than two miles to major employers in downtown San Jose
- Walking distance to VTA light rail, which connects to multiple transit agencies
Investment Overview
Marcus & Millichap is pleased to present 1520 West San Carlos Street, a 1.62-acre redevelopment site approved for a 256-unit multifamily community. The project includes a mix of studio, one-bedroom, two-bedroom, and three-bedroom units. Approvals for the site include a 20% BMR inclusionary housing requirement. The current design proposes 205 market rate units in a seven-story building and 51 below market rate units in a connected six-story building. Additionally, the project has 4,645 square feet of ground floor commercial space.
Exclusively Listed By
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