1310-1340 Homestead RD

SANTA CLARA, CA, 95050

$3,950,000

$685 per ft²
$3,950,000
$685 per ft²
Active
Active
 - For Sale
carpenters-square
5,760 ft²
property_type
Commercial
calendar
Built 1908
1310-1340 Homestead Road is a premier 8-unit investment opportunity 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.
MLS® ID:
ML81897072
Updated:
8/10/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Ceiling Fan
Heating
Gas, Wall Furnace

Exterior/Building Features

Lot Size
10,132 ft² lot
Roof
Composition, Shingle
Sewer
Sewer - Public

Other Property Details

Area Name
8
Garage
Yes
Garage Spaces
3
Parking
Carport, Detached Garage
Parking Total
3.0
View
Y
County
Santa Clara
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Water Source
Public
Pool
Yes
Zoning
R336

Property History

Date
Event
Price
Value
7/14/22
Price Change
$3,950,000
-3%

 

Courtesy of Eric Katz, Katz Inc

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Data last updated 7:41 PM UTC, 8/10/22

 

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