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Listed by David Azimi • Unknown Agency
$ 3,199,900
Est. payment /mo
Pending
1310 -1340 Homestead Rd Santa Clara, CA 95050
11 Beds
8 Baths
5,760 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $555
MLS Listing ID 01-41081452
Bedrooms 11
Full Baths 8
Year Built 1912
Lot Size 5,760 Sqft
Property Sub-Type Single Family Residence
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 Wall Furnace
Flooring Carpet, See Remarks
Fireplaces Type None
Exterior
Parking Features Carport
Pool None
Building
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944