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Listed by David Azimi • Intero Real Estate Services
$3,199,900
Est. payment /mo
11 Beds
8 Baths
5,760 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Pending
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $555
Subdivision Santa Clara
MLS Listing ID 41081452
Bedrooms 11
Full Baths 8
HOA Y/N No
Year Built 1912
Lot Size 5,760 Sqft
Property Sub-Type Detached
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
Interior
Heating Natural Gas, Wall Furnace
Cooling Ceiling Fan(s)
Flooring Carpet, Other
Fireplaces Type None
Fireplace No
Laundry Community Facility
Exterior
Pool None
Private Pool false
Building
Lot Description Other
Story 2
Foundation Other
Water Public
Architectural Style Other
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