Additional details
Listed by David Azimi • Intero Real Estate Services
$3,199,900
Est. payment /mo
6 Beds
4 Baths
5,760 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $555
MLS Listing ID BE41081451
Bedrooms 6
Year Built 1908
Lot Size 10,130 Sqft
Property Sub-Type Five or More Units
Source Bay East
Property Description
Great Opportunity on this premier 8-unit investment property only four blocks from Santa Clara University! The property features a charming Victorian triplex with a large basement built in the early 1900s, and a separate 5-unit apartment constructed in 1957. There are two APNs with potential to obtain a lot line adjustment and separate the property into a triplex and 5-unit, in addition to further upside by converting the three garages into an ADU (Buyer to verify). The property has excellent curb appeal and large frontage on Homestead Road, with a spacious lot size of 10,130 SF. This pride-of-ownership asset is well-maintained with significant upside in rents. The investment appeal of this asset is driven by a strong rental market with an option for student housing, and a prominent location that will benefit from nearby developments. The property is minutes away from local attractions such as Santa Clara University, Santana Row, Westfield Valley Fair, and downtown San Jose.
Location
State CA
County Santa Clara
Area Santa Clara
Interior
Heating Gas, Wall Furnace
Cooling Ceiling Fan
Flooring Other
Exterior
Exterior Feature Stucco, Wood Shingles
Parking Features Other
Garage Spaces 3.0
Roof Type Composition
Building
Lot Description Other
Sewer Sewer - Public
Water Public, Heater - Gas
Others
Tax ID 269-26-067
Special Listing Condition Not Applicable
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