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Irina Sikela, Real Esate Broker

Milpitas CA Real Estate & Land for Sale

1 Properties Found

The median home value in Milpitas, CA is $495,000. This is lower than the county median home value of $1,312,000. The national median home value is $308,980. The average price of homes sold in Milpitas, CA is $495,000. Approximately 63% of Milpitas homes are owned, compared to 34% rented, while 3% are vacant. Milpitas real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Milpitas real estate agent to arrange a tour today!
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Lot size:
0.35 Acres
A broker reciprocity listing Courtesy: Jennifer Li - Universal Network Group Jennifer Li
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Possible subdivided into 3-4 lots R1(frontage 281.42 ft long), buildable area one story (4435SF per old building plan) 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.

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The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Broker Listing Exchange (BLE) program of MLSListings Inc. 2023. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the MLSListings MLS as of 6/23/2024 (updated every 15 minutes). 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.

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