7280 Marylinn DR
Milpitas, CA 95035
- – beds
- – baths
- – sqft
- 15,107 sqft lot
- – on site
Subject to city planner approval, the lot is good for 5-9 units but conservatively will likely be subdivided into 4-5 mixed-use units due to clearance limitations, with a frontage of 281.42 ft. Buildable area is one story (4435 SF per old building plan in 90'), now w building floor ratio almost 3x, subject to meeting all requirements for setbacks, parking, open space, and building codes. Current R3B zoning allows for a 3-story, 4+ units, with a maximum of 11,330 SF. Single-family homes have sold for $828/SF, and condos for $667-1,000/SF, with sellers leaving lots of profit on the table. The property offers a mixed-use opportunity for potential buyers, with the option to use the 1st floor as a versatile commercial space adaptable to various needs such as medical clinics, retail stores, showrooms, classrooms, restaurants, offices, OEMs/branches/sales offices. The 2nd and 3rd floors are for residential use, offering the potential to create either a large family home or another 3-4 separate condos, at the buyer's preference. The flexible layout of the building presents multiple opportunities, such as a Michelin Stars restaurant with the 1st and 2nd floors for the restaurant and kitchen, and the 3rd floor for the chef's residence, also with an herb or vegetable garden in one place.
Listing courtesy of MLSLISTINGS / Jennifer Li / Universal Network Group
Last checked:
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Last updated Jan 26, 2025
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MLS# 81927870 —
This property is listed in more than one place. See it here, and here.
The Building
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Subclass:Residential Development Land
Location
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Cross Street:Abel
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City Limits:Yes
The Property
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Lot Description:Grade - Level
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Lot Acres:0.3468
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Lot Size Area Min:15107.00
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Parcel Number:022-07-007R
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Parcel Access:Paved Road
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Zoning:R3B MIXED USE
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Present Use:Zone Change Possible, None
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Development Status:Build To Suit, Design Review Required
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Fencing:None
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Horse Property:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Property ID:81927870
The Listing
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Additional Listing Info:Not Applicable
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Automated Valuations Allowed:1
Utilities
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Utilities:Available - Not On Site
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Sewer/Septic System:Sewer - Public
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Water Source:Public
The Community
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HOA:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/5/24
Sep 5, 2024
|
Price Changed | MLSLISTINGS | $1,680,000 | -10.6% |
7/1/24
Jul 1, 2024
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Price Changed | MLSLISTINGS | $1,880,000 | -13.8% |
4/30/24
Apr 30, 2024
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Price Changed | MLSLISTINGS | $2,180,000 | -12.8% |