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(408) 425-9359
Real Estate Company
16345 Church ST, Morgan Hill, CA 95037
- $1,660,000
Listed by Robert Dudley, 408-828-2853 from Matrix Real Estate Network
(If provided) CoList: from
Sold listing courtesy of Robert Dudley from 01MREN
- Sold Price
- $1,660,000
- List Price
- $3,000,000
- Closing Date
- Nov 29, 2024
- MLS#
- ML81966404
- Status
- SOLD
- Lot Size
- 14,375
- Listing Area
- Morgan Hill / Gilroy / San Martin
- Year Built
- 1955
Property Description
RARE OPPORTUNITY TO EARN INCOME WHILE -- at the same time -- TAKING ADVANTAGE OF CITY PLAN FOR FUTURE DEVELOPMENT. This is income producing real estate that may become RESIDENTIAL ATTACHED LOW DENSITY DEVELOPMENT. An operating Mini Storage Facility situated on two (2) parcels - combined 1.0375 Acres - including Single Family Residence (SFR) currently occupied by on-site manager - plus 175 enclosed individual Storage Units; plus approx. 12,000 sq ft vacant land situated to the rear of the SFR. Subject parcels have been identified by City of Morgan Hill "City Plan" for future usage as "RAL" Residential Attached Low-Density" for up to "16 units per acre" (per City of Morgan Hill)
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Additional Information
- Acres
- 0.33
- Age
- 69
- Cooling System
- Central AC, Central Forced Air - Gas
- Days On Market
- Unknown
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Covered Parking, Electric Gate, No Garage, Parking Area, Room for Oversized Vehicle, Uncovered Parking
- Heating System
- Forced Air
- Lot Size
- 14,375
- Neighborhood
- Morgan Hill / Gilroy / San Martin
- Other Utilities
- Natural Gas, Public Utilities
- Present Use
- Mini Storage, Office, Residential, Single Family, Zone Change Possible
- Roof
- Composition
- Sewer
- Sewer - Public
- Zoning
- CT
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