1310 -1340 Homestead Rd new

Santa Clara,CA 95050

$ 3199900

11 Beds

8 Baths

5760 SqFt


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 5,760 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

Area Listing

Interior

Heating Natural Gas,Wall Furnace

Cooling Ceiling Fan(s)

Flooring Carpet,Other

Fireplaces Type None

Laundry Community Facility

Exterior

Exterior Feature Other

Pool None

Building

Lot Description Other

Story 2

Foundation Other

Sewer Public Sewer

Water Public

New Construction Yes

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