"Attention Developers: This exceptional property presents a rare and highly sought-after development opportunity for investors and developers. Boasting a contiguous 17,131sf parcel zoned RM; the site features superior street frontage and a range of site planning options suitable for various residential redevelopment opportunities, including (7) townhomes with the potential for an additional (6), a multi-plex, lot sub-division, and/or affordable housing. The City of San Jose has already ratified the subdivision potential, confirmed by a letter. Property has two existing water meters and PGE on-site, offering ease and convenience for any potential project. The site currently has a 2-bedroom/2-bathroom, 1358 square-foot home with a month-to-month renter and an additional 1-bedroom/1-bathroom unit available for rental purposes. This feature provides an ideal opportunity for investors to generate income while completing the permit process. lucrative and exceptional development opportunity.