$4,750,000
495 Alviso ST Santa Clara, CA 95050
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$4,750,000
Est. payment /mo
3,640 SqFt
Active
495 Alviso ST Santa Clara, CA 95050
UPDATED:
10/27/2024 03:06 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,640 sqft
Price per Sqft $1,304
MLS Listing ID ML81980464
HOA Y/N No
Year Built 1960
Annual Tax Amount $60,250
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
Area 699 - Not Defined
Zoning CT
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Exterior
Garage Unassigned
View Y/N No
Roof Type Composition
Accessibility None
Parking Type Unassigned
Total Parking Spaces 10
Building
Story 2
Foundation Concrete Perimeter
Schools
School District Other
Others
Tax ID 26944035
Special Listing Condition Standard
Listed by Myron Von Raesfeld • KW Bay Area Estates