488 E Saint John Street represents the rare opportunity to acquire a shovel-ready 46-unit and +/- 130 bed student housing development site situated within a +/- 5 minute bike ride or +/- 10 minute walk to San Jose State University, ranked #3 best public university by U.S. News. The Project will provide the Buyer with a permit ready project that will be ready to start construction within 3 - 6 months following close of escrow. The Property includes an assemblage of three adjacent parcels that are improved with residential properties that will be demolished as part of the construction of the approved Project.
Property Details
Property Features
Listing Office:
Office Name: Colliers International
Office Phone: (415) 788-3100
Listing Agent: Nicole Flores
Exterior Features
Exterior Information:
View: None
Parking Information:
Parking: On Site
Lot Features
Lot Information:
Lot: See Remarks
Lot Size: 0.37 Acres
Other
Directions Information:
Directions: From 280 South, take exit 1B, follow 11th Street to 488 E Saint John Street.
Price Information
Listing Price Info
Price Summary:
List Price: $7,000,000
Tax Information:
Annual Amount: $9,495
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Horace Mann Elementary School
55 N 7th St
Distance between this listing and this school0.30 miles
Public District Grades KG-5
3
/10
Grant Elementary School
470 Jackson St
Distance between this listing and this school0.73 miles
Public District Grades KG-5
3
/10
Selma Olinder Elementary School
890 E William St
Distance between this listing and this school0.91 miles
Public District Grades KG-5
Nearby Schools
4
/10
Ace Inspire Academy
1155 E Julian St
Distance between this listing and this school0.75 miles
Public Charter Grades 5-8
6
/10
Sunrise Middle School
1149 E Julian St
Distance between this listing and this school0.80 miles
Public Charter Grades 5-8
4
/10
Burnett Middle School
850 N 2nd St
Distance between this listing and this school1.31 miles
Public District Grades 6-8
Nearby Schools
3
/10
San Jose High School
275 N 24th St
Distance between this listing and this school0.73 miles
Public District Grades 9-12
4
/10
Downtown College Preparatory
1402 Monterey Hwy
Distance between this listing and this school1.84 miles
Public Charter Grades 9-12
3
/10
Downtown College Preparatory - Alum Rock
1776 Edal Park Dr
Distance between this listing and this school2.12 miles
The neighbors living near this home have an average income of $22,500. The most common annual income of people living in San Jose, CA is less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 488 E Saint John St
What is the listing price of this property?
The listing price of 488 E Saint John St property is $7,000,000.
What type of property is this?
The property 488 E Saint John St is land located in San Jose, California, 95112.
Is this property for sale now?
Active Listing: 488 E Saint John St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $9,495 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 24, 2017 for $2,100,000. (source: MLS/tax record).
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This home is located at 488 E Saint John St in San Jose, CA and zip code 95112 in the Horace Mann neighborhood. This home sits on a 0.37 acre lot. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $7,000,000.
In November 2024 more than 273 listings in San Jose, CA were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 160 were sold below. The inventory of homes for sale in San Jose, CA between October 2024 and November 2024 decreased by 14.3%. In November 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $1,410,607.
From Rocket Homes Real Estate and based on county public records data.
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 
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