495 Alviso ST Pending

Santa Clara,CA 95050

$ 4750000

10 Beds

6 Baths

3640 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,640 sqft

Price per Sqft $1,304

MLS Listing ID ML81980464

Bedrooms 10

Full Baths 6

Year Built 1960

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 Santa Clara

Zoning CT

Rooms

Kitchen Countertop - Granite,Countertop - Tile,Dishwasher,Exhaust Fan,Garbage Disposal,Microwave,Oven - Electric,Refrigerator

Interior

Heating Wall Furnace

Cooling None

Flooring Vinyl / Linoleum

Exterior

Garage On Street,Unassigned Spaces

Utilities Available Individual Electric Meters,Individual Gas Meters,Public Utilities

Roof Type Composition

Building

Story 2

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Private / Mutual

Others

Special Listing Condition Not Applicable

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