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.