7280 Marylinn Drive

Milpitas, CA 95035

PRICE REDUCED

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-$1,199,900 (-41.66%)

$1,680,000

List Price

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Property 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.

Listing Information

List Price $1,680,000
Status Active
MLS ML81927870
Type Land
Lot Size 15,107
Structure Size N/A
DOM 483
Courtesy Of Universal Network Group
Listing Agent Jennifer Li DRE#01714039

Interior Features

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Maps

Listing information courtesy of: Jennifer Li, Universal Network Group . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.