Morgan Hill, CA 95037,16345 Church ST
Morgan Hill, CA 95037,16345 Church ST
Morgan Hill, CA 95037,16345 Church ST
$1,660,000
Est. payment /mo
Est.Price: ?

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0.33 Acres Lot
SOLD DATE : 11/29/2024

Key Details

Sold Price $1,660,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81966404

Year Built 1955

Annual Tax Amount $21,471

Lot Size 0.330 Acres

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)

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning CT

Interior

Heating Forced Air

Cooling Central Air, Gas

Exterior

Utilities Available Natural Gas Available

Roof Type Composition

Building

Story 1

Water Public

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California Regional MLS (CRMLS)
Listed by Robert Dudley • Matrix Real Estate Network
Bought with Robert Dudley

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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