16345 Church Street, Morgan Hill, CA 95037
Commercial property
Sold November 2024
Listing Agent: Robert Dudley (DRE #00468788) · Listing Office: Matrix Real Estate Network · Contact: 408-828-2853 · Bought with: Robert Dudley · MLS #ML81966404 · Source: CRMLS
How this sale compares
16345 Church Street sold for $1,660,000 in November 2024, 45% under its $3,000,000 list price, after 104 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Description
RARE OPPORTUNITY TO EARN INCOME WHILE -- at the same time -- TAKING ADVANTAGE OF CITY PLAN FOR FUTURE DEVELOPMENT. This is income producing real estate that may become RESIDENTIAL ATTACHED LOW DENSITY DEVELOPMENT. An operating Mini Storage Facility situated on two (2) parcels - combined 1.0375 Acres - including Single Family Residence (SFR) currently occupied by on-site manager - plus 175 enclosed individual Storage Units; plus approx. 12,000 sq ft vacant land situated to the rear of the SFR. Subject parcels have been identified by City of Morgan Hill "City Plan" for future usage as "RAL" Residential Attached Low-Density" for up to "16 units per acre" (per City of Morgan Hill)
Listing description from the November 2024 sale, as reported to CRMLS.
Sale history