Property Detail

Description

The San Jose Rose Garden residential development site is comprised of two vacant, adjacent parcels, 690 Chapman St and 1274 Naglee Ave.. The lots measure at 22,200 sf and 7,400 sf respectively for a combined area of .68 acres, per the county record. It is zoned R-1-8, low-to-medium density residential, allowing for the development of five single-family residences with the possibility of additional density under AB 1123. Single family home sales in the immediate area over the last 18 months range from $4.8M - $2.3M or $1,274 - $896 per foot. The property is currently being used as a parking lot.