27 S Main ST Milpitas, CA 95035

0.34 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential Lot

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82022787

Lot Size 0.338 Acres

Property Sub-Type Residential Lot

Property Description

As per the AI - 27 S Main Street, Milpitas 95035 - with the arrival court / drop-off on S Main, retaining walls terracing the podium, pool and outdoor living decks in the center, and retail at the street. How many units can be built: Lot is 14,720 sq ft, 0.34 acres, Zoning: MXD - Mixed-Use / Downtown Specific Plan, Current entitled concept on file: 48 combination of one, two and three bedroom condo units and 1062 sq ft commercial + underground garage. Also marketed as Proposed construction of 7-story, 48 condo units. In Milpitas Metro / Gateway-Main Street Specific Plan, the city is supporting higher residential densities and building heights near transit, so with density bonus / affordable overlay, 48 units is the base approved concept, up to 50-60 units possible if you max out state density bonus on this 0.34ac MXD site.

Location

State CA

County Santa Clara

Area Milpitas

Zoning MXD

Exterior

Fence Other

Utilities Available Public Utilities

Present Use Bare Land

Building

Lot Description Other

Sewer Sewer - Public

Water Public

Others

Tax ID 022-24-024 02

Horse Property No

Special Listing Condition Not Applicable

Cory Chen