495 Alviso Street Pending

Santa Clara,CA 95050

$ 4750000

- Bed

- Bath

3640 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,640 sqft

Price per Sqft $1,304

MLS Listing ID ML81980464

Year Built 1960

Lot Size 6,534 Sqft

Property Description

This is a one-of-a-kind excellent student rental property. Directly across the street for the University of Santa Clara. This property has never been vacant since it has been converted to a student rental. Current gross rents are $26,000 per month with increases scheduled for next year. New leases have been signed for units 2 and 3 for the next school year. New rents for these units are now $7,950 per month beginning July 1, 2025. The 2-bedroom units will also be rented for next school year shortly at a significantly higher rent. All kitchens are updated and nice. LVP flooring throughout. Low maintenance landscaping. If you are looking for a fantastic money producing rental investment, then this is the property for you.

Location

State CA

County Santa Clara

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Schools

School District Santa Clara Unified,Santa Clara Unified

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