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$8,500,000
1090 S De Anza Blvd, San Jose, CA 95129
0 Beds
0 Baths
n/a sqft

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Site is in the heart of Silicon Valley, less than 2 miles away from Apple's headquarters. This offering is absolutely a rare and unique opportunity to place capital in one of the highest sought-after locations in the United States. Building permit for a 4-story Hampton by Hilton hotel is currently at the final stage of approval. The hotel is with 89 guest rooms and one level of underground parking. Seller has spent nearly $2 million over the past 5 years on entitlement, building permit, and site demolition. Other land use for retail, mixed-use, and multi-family is allowed under current zoning. - Seller has received all necessary land use approvals from the City of San Jose - Project is currently at the final stage of Building Permit issuance - Site has been demolished, and seller has obtained all necessary environmental clearance verification documents from the county and the city - Franchise Agreement with Hilton for the Hampton by Hilton brand has been signed and fees have been paid
  • Price:
  • $8,500,000
  • Acreage:
  • 0.61
  • Listing ID #:
  • 81800694
  • Street Address:
  • 1090 S De Anza Blvd
  • City:
  • San Jose
  • State:
  • California
  • Postal Code:
  • 95129
  • County:
  • Santa Clara
  • Community:
  • Cupertino
  • Listing Status:
  • Active
  • Construction Status:
  • Approved Building Plan, Building Site Cleared, Improvements Plans Avail, Site Plan Approved
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Cp
  • Existing Land Use:
  • Hotel/Motel
  • Lot Description:
  • Grade - Level, Regular
  • Lot Square Footage:
  • 26417.00
  • Total Available Acres:
  • 0.6065
  • Fence:
  • Fenced
  • Existing Water:
  • Water Available At Street
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Jerry Kwok of Pacific Realty Investment Group
  • This data is up-to-date as of September 24, 2020. LIST

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