7280 Marylinn DR, MILPITAS, CA 95035

MLS# ML81927870
Status: Active

  • $1,880,000

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  • 0.3468

    Approx. Lot Size
  • Listing Class: Residential Lots & Land
  • Property Type: Lot/Land

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    Julie Tsai Law

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    Julie Tsai Law

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    Details

    Possible subdivided into 3-4 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.

    Features

    General Features

    • Listing ClassResidential Lots & Land
    • ZoningR3B MIXED USE
    • Property TypeLot/Land
    • Lot DescriptionGrade - Level
    • Parcel022-07-007R
    • Horse PropertyNo

    Exterior Features

    • FencingNone

      Utilities & Energy

      • UtilitiesAvailable - Not On Site
      • Sewer/SepticSewer - Public
      • WaterPublic

      Market Conditions

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