2470 S Winchester BLVD, Campbell, CA 95008
2470 S Winchester BLVD, Campbell, CA 95008
2470 S Winchester BLVD, Campbell, CA 95008
52
See all 52 photos
$2,975,000
Est. payment /mo
Save
0.62 Acres Lot
New

2470 S Winchester BLVD Campbell, CA 95008

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Patrick Fossati

Patrick Fossati

+1(805) 910-0463

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82056218

HOA Y/N No

Year Built 1980

Annual Tax Amount $22,413

Lot Size 0.624 Acres

Property Description

2470 S. Winchester is an approx. 0.62-acre site currently improved w/a multi-tenant office building. The site has the potential to be redeveloped at a density of 100 dwelling units per acre due to its proximity to the VTA light rail. The property is located less than 1/4 mile from a VTA light rail stop making it eligible for redevelopment under Senate Bill 79. The property is designated as a Tier 2 site and can be developed with a mixed-use project up to 65 feet in height; it must have a minimum 3.0 residential floor area ratio. Currently, the building is 100% leased to 5-tenants. All of the tenants have leases or options that expire within the next 5-years. This provides an incredible opportunity to acquire a cash flowing asset below land value while pursuing development approvals. The City has identified the property as a Housing Opportunity Site in its Housing Element update in 2023. This makes redevelopment of the site important to the city being able to meet their housing production requirements. This site is less than 1/4 mile from the Winchester Station on the VTA Green Line. It is 1/2 mile from the interchange of Highway-17 & San Tomas Expressway. The property is a short commute to major employers in central San Jose, as well as Los Gatos, Santa Clara & Cupertino.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning TO-MU

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Roof Type Other

Building

Story 2

Water Public

Others

Tax ID 41202001

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Robbie Matusich Richard G. Matusich & Assoc., Inc. #01449407

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from RE/MAX Gold Coast REALTORS, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

2470 S Winchester BLVD

QUICK SEARCH