New

Virtual Tour

$1,899,000

For Sale

10 hours ago

1966 Almaden Rd, San Jose, CA

House

MLS® 41141120

3 Bed

2 Bath

1606 sqft

2 Parking

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1606 sqft

Garage Yes

Taxes

Days Active 0

Lot Size 0.2851 Acres

Approx. Age 1950

Avg. Price Per Sqft $1,182

MLS® Number 41141120

Property Address: 1966 Almaden Rd, San Jose, CA, 95125-1905

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to acquire a highly desirable property in the heart of San Jose with multiple value-add possibilities. Situated on approximately 12, 426± SF (0.29± acres), this versatile property is ideal for developers, investors, or owner-users. Whether you're looking to build a custom dream home on a spacious lot, renovate the existing residence, hold it as an income-producing rental, or pursue a multifamily development, this property offers outstanding flexibility and long-term upside. For developers, the property includes plans for a proposed five-story, 27-unit apartment community totaling approximately 44, 188± SF of gross building area. The proposed project features a mix of one- and two-bedroom residences, 31 structured parking spaces, a rooftop amenity deck, EV charging infrastructure, bicycle parking, elevator access, a controlled-access garage, and contemporary architectural design. The seller has already invested significantly in advancing the project by completing and paying for numerous professional studies, engineering, and entitlement-related services, including architectural design, civil engineering, landscape architecture, joint trench design, construction cost analysis, underground utility locating, BOV services, MEP engineering, arborist report, architectural historian assessment, City of San Jose application and review fees, environmental analysis, Transportation Demand Management (TDM) Plan, and transportation analysis. This extensive due diligence and pre-development work represents substantial time and cost savings for a future buyer. Ideally located near Downtown San Jose, Willow Glen, Highways 87 and 85, major Silicon Valley employers, shopping, dining, parks, and public transportation, the property offers exceptional accessibility and is positioned within one of Silicon Valley's strongest residential markets. Buyer to independently verify all property information, zoning, development potential, permits, approvals, reports, plans, and the transferability and status of all development documents with the City of San Jose and the applicable consultants. Development plans and supporting documents are available upon request.

MLS® Number41141120

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age1950

Basement

DrivewayGarage

Garage Spaces

HeatForced Air

A/CSee Remarks

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 9, 2026List Date

$1,899,000List Price

Home Appraisal

This property is estimated to sell between: $1,787,000 and $1,955,000.

Similar properties in this area sold on average for: $1,787,257

Expected to sell in 9 days. Similar properties sold in 9 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Destination Address

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