Description
This property is centrally located to access all the wonders of Silicon Valley and the Central Coast. Local wineries are a stones throw away and are accessible by foot. The property has a rich farming history and has historically been leased to local row crop farmers. Previous crops have included Bell Peppers, Corn, and Jalapenos to mention a few. This property is a great opportunity to secure 4 individually deeded lots which would allow for the development (subject to approval) of 4 primary residences, 4 ADUs and 4 Jr. ADUs. The property currently consists of an older farmhouse that needs renovation, a fully occupied, 5 building, 10-unit employee housing-apartment community, and a tenant inhabited RV. There are currently 11 rentals generating positive cash flow with the opportunity to rent the vacant single-family home for additional revenue. The County of Santa Clara recently completed extensive improvements to the creek that borders the property. Endless opportunities abound.
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0BEDS
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19.43ACRES
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0BATHS
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01/2 BATHS
Description
This property is centrally located to access all the wonders of Silicon Valley and the Central Coast. Local wineries are a stones throw away and are accessible by foot. The property has a rich farming history and has historically been leased to local row crop farmers. Previous crops have included Bell Peppers, Corn, and Jalapenos to mention a few. This property is a great opportunity to secure 4 individually deeded lots which would allow for the development (subject to approval) of 4 primary residences, 4 ADUs and 4 Jr. ADUs. The property currently consists of an older farmhouse that needs renovation, a fully occupied, 5 building, 10-unit employee housing-apartment community, and a tenant inhabited RV. There are currently 11 rentals generating positive cash flow with the opportunity to rent the vacant single-family home for additional revenue. The County of Santa Clara recently completed extensive improvements to the creek that borders the property. Endless opportunities abound.
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Listing courtesy of Chris Borello of Christopher Borello, Broker: [IDXCONTACTINFORMATION].