1793 Lafayette Street, Santa Clara, CA 95050

• 22,659 sqft

Property Description

4 minutes from Santa Clara University - 1793 Lafayette St offers a rare opportunity for an Owner/User to utilize the space and convert the 22,551 SqFt building into residential or build brand new: Townhomes, Multifamily, Co-Living, or Live/Work. Recently zoned Medium-Density Residential, the 29,185 SqFt lot allows for 24 units + 8-9 potential ADUs. With the average rent in Santa Clara at $3,062, once converted into multifamily, the property can be expected to gross nearly $1.2M in rents per year. Conveniently located less than a 10-minute drive from San Jose Mineta International Airport and Santa Clara Square Marketplace, this space resides within a thriving community with nearby amenities and parks. Recent upgrades to the building include a new roof and a 36 kW photovoltaic solar system, complemented by Silicon Valley Power, which ensures low energy costs. The owner/user tenant can occupy approximately 15,000 sq ft or the entire second floor. Buyers are to verify current zoning/building requirements/restrictions with the City of Santa Clara building department.

Listing Status:

Pending

Date Added:

February 25, 2025 at 06:00AM

Listing Office:

KW Bay Area Estates : 408-560-9000

Listing Agent:

Stephen Thaddeus Wawryk : 415-347-1658

MLS ID:

ML81995430

Interior

• A/C: Central Air
• Heating: Other

Exterior

• Parking: Guest

Construction

• General: 2Other

Location

• School District: Santa Clara Unified
• County: Santa Clara

Lot

• Zoning: Medi22429021

This listing courtesy of Stephen Thaddeus Wawryk, KW Bay Area Estates