7
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Listed by Myron Von Raesfeld • KW Bay Area Estates
$4,750,000
Est. payment /mo
3,640 SqFt
Pending
495 Alviso Street Santa Clara, CA 95050
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UPDATED:
12/20/2024 07:58 PM
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
HOA Y/N No
Originating Board Datashare MLSListings
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
Fireplace No
Schools
School District Santa Clara Unified, Santa Clara Unified
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