tomo logo

$3,599,888

Beds
3
Baths
1.0
sq ft
1,300

2450 McLaughlin Ave, San Jose, CA 95121

2450 McLaughlin Ave

San Jose, CA 95121

  • 16 days on market
Rare Investment Opportunity in Central San Jose! Unlock the potential of this one-of-a-kind 33,106 sqft lot in the heart of San Jose. This property offers endless opportunities for developers, investors, and visionary buyers alike. Build your dream luxury estate with room for a pool, tennis court, and expansive outdoor spaces. Subdivide into six 5,500 sqft lots (subject to city approval) with a projected value of $600,000 per lot - a lucrative opportunity for residential development. This strategically located lot in one of San Jose's most desirable neighborhoods is perfect for long-term investors or immediate development. It also provides the flexibility to generate rental income while finalizing plans and approvals. Opportunities of this scale and potential are extremely rare - don't miss your chance to capitalize on this exceptional property. Sold As Is Act Quickly! Contact us today to learn more and explore how this unique property can meet your vision.

Details

Property type

Single Family Residence

Est. home value

$2,221,365

Lot size

0.8279 acres

Price per sq ft

$2,770

Year built

1935

HOA

No

Price History

01/07/2025
BridgeMLS

BridgeMLS #ML81989556

Listed
$3,599,888
01/01/2025
BridgeMLS

BridgeMLS #ML81980165

Removed
$3,599,888
12/04/2024
BridgeMLS

BridgeMLS #ML81980165

Price change
$3,599,888
+20%

Schools & Community

Neighborhood: 

East San Jose

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

East Side Union High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pmac Lending Services Inc

Loan start date

November 2022

Original loan amount

$1,302,000

Est. remaining balance

Not provided

Interest rate

8.62%

Loan type

New Conventional, 30 year

Seller

Hat Van Luong and Tiffany Thu Lam

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

New
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3,234 sq ft
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1746 Creek Dr, San Jose, CA 95125

Status: Active

Tomo last checked: 01/22/2025 at 9:55 PM

Listing updated: 01/14/2025 at 11:30 AM

Listed by: Kevin Khoi Nguyen, Pacificwide Real Estate & Mortgage Phone #: (408) 890-8098

MLS: BridgeMLS #ML81989556

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