1310 -1340 Homestead Rd new Save Request In-Person Tour Request Virtual Tour
Santa Clara,CA 95050
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
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
Year Built 1912
Lot Size 5,758 Sqft
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
Flooring Carpet,See Remarks
Fireplaces Type None
Exterior
Parking Features Carport
Pool None
Roof Type Shingle
Building
Story Two
Sewer Public Sewer
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional