Bought with Peter Trinh • F1RHW
$3,000,000
$3,199,900
6.2%For more information regarding the value of a property, please contact us for a free consultation.
1310 -1340 Homestead Rd Santa Clara, CA 95050
6 Beds
4 Baths
5,760 SqFt
Key Details
Sold Price $3,000,000
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $520
MLS Listing ID BE41081451
Bedrooms 6
Year Built 1908
Lot Size 10,130 Sqft
Property Sub-Type Five or More Units
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
Special Listing Condition Not Applicable
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