Pending
495 Alviso Street
Santa Clara CA, 95050
$4,750,000
$1,304.95 per sqft
Pending
3,640 sqft
Multi-family
Built in 1960
Listed by Myron Von Raesfeld with KW Bay Area Estates 14084724025
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.
ML81980464
MLSⓇ ID
September 15, 2024
Listed
December 20, 2024
Updated
Map
495 Alviso Street
Santa Clara CA, 95050
Interior Features
Total Stories
2
Appliances
Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Fireplace
No
Cooling
Yes
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.15 Acres
Roof
Composition
School Information
School District
Other
Other Property Details
Area Name
699 - Not Defined
Taxes
$60,250
Tax Frequency
Annually
Days on Market
68
Garage
No
Parking
Unassigned
Parking Total
10
View
No
County
Santa Clara
Pool
No
Zoning
CT
Listing History
Date | Event | Price |
|---|---|---|
11/23/2024 | Pending | — |
Listing Contact: (408) 560-9000
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/20/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/20/2024 at 1:48 PM UTC