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$3,250,000

  • For Sale
  • Active
  • Multi-Family
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Prime investment, rare opportunity in beautiful San Jose's Downtown to redevelop an approximately 0.72-acre parcel (APN 467-30-054) zoned R3. There are 2 remodeled units, along with a small warehouse that can also be rented out while drawings and the project are underway. Recently entitled Stamp Survey Map and Feasibility Study, and suggested SB 10 or SB 330 HOUSING PROJECT PRELIMINARY. * Possible plan of up to 21-30 units (city-approved density of 30 units/acre) to be built out through the city due to the housing shortage. SB 330 is a Faster Project Approval: The streamlined review process and limitations on new regulations can lead to faster project approvals, reducing the overall time it takes to get a housing development project off the ground. This property is a straightforward project. * Located in the San Jose Downtown area with easy access to numerous amenities, San Jose State University, A 1-minute walk to Santa Clara St, the surrounding area consists of retail businesses and public transportation within walking distance. Near Downtown San Jose, the 101 freeway, and Google's planned Downtown. Don't miss a great opportunity to help our beautiful city with its housing shortage and make a lifetime investment.

Full Property Details for 850 Calhoun St

General

  • Price: $3,250,000
  • Status: Active
  • Type: Multi-Family
  • Source: RE_Infolink
  • MLS ID: ML82014259
  • Updated: 7/11/2025
  • Added to Site: 232 day(s) ago

Interior

  • Interior Features: Security Gate
  • Flooring: Laminate

Rooms

Other Rooms

  • Kitchen: Laminate Countertop, Gas Oven, Gas Oven/Range
  • Laundry: Hookups Only

Additional Information

  • Extras: Not Applicable
  • Security/Safety: Security Lights

Parking

  • Parking Features: Common Parking Area, No Garage, On Street, Parking Area, Room for Oversized Vehicle, Workshop in Garage

Location

  • Area: Central San Jose
  • County: Santa Clara
  • Cross Streets: Santa Clara and 19th St

Heating & Cooling

  • Cooling Type: Ceiling Fan
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer, Sewer Connected
  • Water: Individual Water Meter, Water on Site
  • Utility Description: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Metering: Master Electric, Master Water, Separate Electric, Separate Gas

Structural Information

  • Architectural Style: Craftsman
  • Construction: Brick (Reinforced), Wood , Wood Frame
  • Foundation: Foundation Pillars
  • Roof: Shingle
  • Disability Access: None
  • Square Feet: 938
  • Year Built: 1898

Lot Features

  • Property View: City Lights, Downtown
  • Lot Size (Acres): 0.7197
  • Minimum Lot Size: 31349
  • Lot Size (Sq. Ft.): 31,349
  • Building Sites: 2
  • Grounds/Landscape: Back Yard, Balcony / Patio, Low Maintenance, Storage Shed / Structure
  • Zoning: R3
  • Lot Description: Level, Private / Secluded, Surveyed

Listed by KW Silicon City, Ernesto Martinez and KW Silicon City, Elizabeth Soto

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Listing agents

— 850 Calhoun St —

  • Ernesto Martinez

    KW Silicon City

  • Elizabeth Soto

    KW Silicon City

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 850 Calhoun St

School District:San Jose Unified School District
NameGradesDistance
Selma Olinder Elementary School
890 East William Street, San Jose, CA 95116
K-50.5 mi
Muwekma Ohlone Middle
850 North 2nd Street, San Jose, CA 95112
6-81.7 mi
San Jose High School
275 North 24th Street, San Jose, CA 95116
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 850 Calhoun St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/11/2025
Listed
$3,250,000
222.9%
MLS
7/31/2024
Sold
$1,006,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 850 Calhoun St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,051
19%
$1,100,000
17%
2024
$12,615
461%
$942,000
1933%
2023
$2,248
1%
$46,345
2%
2022
$2,222
6%
$45,437
2%
2021
$2,104
5%
$44,547
1%
2020
$2,011
4%
$44,091
2%
2019
$1,938
2%
$43,228
2%
2018
$1,893
2%
$42,382
2%
2017
$1,857
8%
$41,552
2%
2016
$1,717
2%
$40,738
2%
2015
$1,682
41%
$40,127
2%
2014
$1,191
1%
$39,342
—
2013
$1,184
—
$39,165
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by KW Silicon City, Ernesto Martinez and KW Silicon City, Elizabeth Soto

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850 Calhoun St, San Jose, CA 95116 (MLS# ML82014259) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 850 Calhoun St is currently listed for $3,250,000 and was received on July 11, 2025. Want to learn more about 850 Calhoun St? Do you have questions about finding other Multi-Family real estate for sale in San Jose? You can browse all San Jose real estate or contact a Coldwell Banker agent to request more information.

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