tomo logo

$2,999,888

Beds
3
Baths
1.0
sq ft
1,300

2450 McLaughlin Ave, San Jose, CA 95121

2450 McLaughlin Ave

San Jose, CA 95121

  • 65 days on market
An exceptional opportunity in the heart of San Jose! This rare 33,106 sqft lot offers immense potential for developers, investors, or those looking to create a custom estate. The property includes three structures and an adjoining four-car garage, with ample parking space. Ideal for generating rental income during the development process, this expansive lot provides endless possibilities--build a luxury home with a pool and tennis court, or explore the potential for subdivision into six separate lots (please consult the city of San Jose regarding potential subdivision options, approvals, and necessary permits). Sold As Is. Dont miss out on this unique investment!

Details

Property type

Single Family Residence

Est. home value

$2,221,365

Lot size

0.76 acres

Price per sq ft

$2,308

Year built

1935

Price History

09/13/2024
BridgeMLS

BridgeMLS #ML81980165

Price change
$2,999,888
+50%
09/12/2024
BridgeMLS

BridgeMLS #ML81980165

Listed
$1,999,888
-44.45%
09/11/2024
BridgeMLS

BridgeMLS #ML81961261

Removed
$3,600,000

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?

Status: Active

Tomo last checked: 11/17/2024 at 8:10 AM

Listing updated: 09/13/2024 at 4:42 PM

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

MLS: BridgeMLS #ML81980165

BridgeMLS logo

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