1210 Llagas Road
Size: 20,000 Sqft Lot
Price: $1,450,000

The Azucena Group of Marcus & Millichap is pleased to offer an exceptional investment opportunity at 1210 Llagas Road in Morgan Hill. Currently the site of a single-family home, the property presents significant development potential in one of Silicon Valley’s most affluent communities. This is an ideal chance for investors to capitalize on a valuable asset in a highly desirable location.

1210 Llagas Road is a single-family house located in the northwest region of Morgan Hill. The property sits on a 0.5 acre / 20,000 sqft lot in an area zoned as RE-1. On the property are the main building along with a detached garage.

The property is zoned as RE-1, which allows for a variety of residential and accessory uses. Permitted uses include accessory dwelling units (ADUs), small residential care facilities, single-family detached dwellings, and transitional housing. Accessory structures that are allowed on the same site include detached garages, carports, garden sheds, greenhouses, sheds, shade structures, play structures, covered dog enclosures, and gazebos, over seven feet in height and/or one hundred twenty square feet in size.

Morgan Hill is not only one of the most affluent communities in the Bay Area but also one of the most expensive housing markets. Limited inventory, restricted development opportunities, and high demand have driven the average home price in the area to $2 million. Meanwhile, homes spend an average of just 13 days on the market, making residential properties and development projects highly lucrative investments.