570 MINNESOTA AVENUE, SAN JOSE CA 95125
- 10,765 sq.ft. lot
Property Description
FANTASTIC DEVELOPMENT OPPORTUNITY! What we have for sale is a 2,160/sf, single story, 3 bed, 2.5 bath home on an approximately 19,184/sf lot. The lot has already been split into 2 lots, Certificate of Compliance available. Each lot is for sale at $1,499,000 or they can be purchased together for $2,998,000. Each lot will come with approved building plans for a 5 Bed, 5 Bath, 3,645/sf two story home. The tedious, expensive and time consuming pre-development leg-work has been completed so construction can begin at the close of escrow [reduced loan carry cost during pre-construction phase]. Lot 13, [LEFT LOT], APN #434-14-076 is 8,708/sf and Lot 14 [RIGHT LOT], APN #434-14-077 is 10,769/sf. The existing home is built across/on both lots and needs to be demolished in order to build the new home(s). Buyer is responsible for paying for the permit and school fees. Seller/builder would consider building home(s) out for an interested buyer(s). Building plans and engineering available for review.
Listing Courtesy of John Guidace, Christie's International Real Estate Sereno
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