Description
This property is centrally located to access all the wonders of Silicon Valley and the Central Coast. Local wineries are a stones throw away and are accessible by foot. The property has a rich farming history and has historically been leased to local row crop farmers. Previous crops have included Bell Peppers, Corn, and Jalapenos to mention a few. This property is a great opportunity to secure 4 individually deeded lots which would allow for the development (subject to approval) of 4 primary residences, 4 ADUs and 4 Jr. ADUs. The property currently consists of an older farmhouse that needs renovation, a fully occupied, 5 building, 10-unit employee housing-apartment community, and a tenant inhabited RV. There are currently 11 rentals generating positive cash flow with the opportunity to rent the vacant single-family home for additional revenue. The County of Santa Clara recently completed extensive improvements to the creek that borders the property. Endless opportunities abound.
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2BEDS
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19.43ACRES
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2BATHS
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01/2 BATHS
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1,200SQFT
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$3,500$/SQFT
Description
This property is centrally located to access all the wonders of Silicon Valley and the Central Coast. Local wineries are a stones throw away and are accessible by foot. The property has a rich farming history and has historically been leased to local row crop farmers. Previous crops have included Bell Peppers, Corn, and Jalapenos to mention a few. This property is a great opportunity to secure 4 individually deeded lots which would allow for the development (subject to approval) of 4 primary residences, 4 ADUs and 4 Jr. ADUs. The property currently consists of an older farmhouse that needs renovation, a fully occupied, 5 building, 10-unit employee housing-apartment community, and a tenant inhabited RV. There are currently 11 rentals generating positive cash flow with the opportunity to rent the vacant single-family home for additional revenue. The County of Santa Clara recently completed extensive improvements to the creek that borders the property. Endless opportunities abound.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-06T22:28:12.357. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Feast | Realty One Group Empire. Licensed in the State of California, USA.