First time this commercial land is on the market in over thirty years and very competitively priced. This land includes two adjacent parcels totaling 4.48 acres and is within one block of State Street. Situated on a busy street with existing businesses, this Industrial Light (IL) zoned commercial land has huge potential and lots of opportunities. IL zoned land offers many possible uses including, but not limited to, Cannabis Oriented Business and Uses, Industry, Manufacturing, Processing, Production and Warehousing Uses, Services, Sales, Retail. Street access to both the front and back side of the lots. Buyer to check and confirm with the city for all information, including permitted uses and approval regulations.
Property Details
Property Features
Listing Office:
Office Name: First Realty Tree
Office Email: huang.realty@gmail.com
Listing Agent: Alexander Huang
Exterior Features
Exterior Information:
View: Neighborhood
Lot Features
Lot Information:
Lot: Rectangular Lot
Lot Size: 4.48 Acres
Other
Directions Information:
Directions: West on 7th Street from State Street. Lot is on the left hand side of 7th Street, about 0.2 miles from State Street.
Price Information
Listing Price Info
Price Summary:
List Price: $1,799,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in San Jose, CA.
This property is $399.1K more than the Median Sold Price in San Jose, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24065117
Listing Office:
Office Name: First Realty Tree
Office Email: huang.realty@gmail.com
Listing Agent: Alexander Huang
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,046
Per Month
Principal & Interest
$8,979
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,460
Powered By
Advertisement
NMLS#3030
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
2
/10
Lowell Elementary School
625 S 7th St
Distance between this listing and this school0.30 miles
Public District Grades KG-5
5
/10
Washington Elementary School
100 Oak St
Distance between this listing and this school0.53 miles
Public District Grades KG-5
5
/10
Rocketship Mateo Sheedy Elementary School
788 Locust St
Distance between this listing and this school0.76 miles
Public Charter Grades KG-5
Nearby Schools
3
/10
Downtown College Preparatory Middle School
1402 Monterey Hwy
Distance between this listing and this school0.69 miles
Public Charter Grades 5-8
6
/10
Alpha: Cornerstone Academy Preparatory
1598 Lucretia Ave
Distance between this listing and this school1.25 miles
Public Charter Grades KG-8
8
/10
College Connection Academy
1855 Lucretia Ave
Distance between this listing and this school1.45 miles
Public District Grades 7-8
Nearby Schools
4
/10
Downtown College Preparatory
1402 Monterey Hwy
Distance between this listing and this school0.67 miles
Public Charter Grades 9-12
6
/10
Yerba Buena High School
1855 Lucretia Ave
Distance between this listing and this school1.37 miles
Public District Grades 9-12
5
/10
Luis Valdez Leadership Academy
1855 Lucretia Ave
Distance between this listing and this school1.45 miles
The neighbors living near this home have an average income of $32,200. Residents of San Jose, CA typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 878 W 7th St
What is the listing price of this property?
The listing price of 878 W 7th St property is $1,799,000.
What type of property is this?
The property 878 W 7th St is land located in San Jacinto, California, 92582.
Is this property for sale now?
Active Listing: 878 W 7th St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 878 W 7th St in San Jacinto, CA and zip code 92582 in the Fairgrounds neighborhood. This home sits on a 4.48 acre lot. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $1,799,000.
San Jose, CA housing market in October 2024 saw over 342 listings sold above listed price, more than 40 sold at listed price and over 110 sold below. In October 2024 in San Jose, CA there were 4.8% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,399,849, while the average time on the real estate market was 19 days.
From Rocket Homes Real Estate and based on county public records data.