1793 Lafayette Street, Santa Clara, CA 95050 - Berkshire Hathaway HomeServices California Properties

1793 Lafayette Street, Santa Clara, CA 95050

$5,600,000 Approx. USD 0 beds, 0 baths

Listing Agent


Stephen Thaddeus Wawryk | stephen.wawryk@kw.com
Lic#: 02140544
Broker: Courtesy of KW Bay Area Estates

Agent Remarks

New Price Improvement | 1793 Lafayette St, Santa Clara offers a rare opportunity for an owner/user to utilize the space with the option of converting the 22,551 SqFt building into residential: Live/Work, Apartments, Co-Living, or Condos - 27 units or more | $240,740 per unit. With the average rent in Santa Clara at $3,062, once converted, the property can be expected to gross $1,000,000 in rents. 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. Rents and home prices continue to climb, with demand for new townhomes, apartments, and condos evident in an ever-growing Silicon Valley. The property is designated for medium-density residential use in the General Plan, allowing for 20-36 DU/acre. Per Planning department conversations, you can show plans to get the building up to residential code and then convert the building for residential use.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# ML81995434
List price is $5,600,000 Reduced by $300,000 on 6/6/2025
Price: $5,600,000
Beds: 0
Baths: 0
0.67 acres
Lot size: 0.6700
County: Santa Clara
Zoning: Medium Density Residentia
MLS area: 699 - Not Defined

Last Updated: 6/6/2025

 Days On Market (DOM): 147

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.357624, -121.946718.
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Source: CRM. Also Available in ML81995430,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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