1355 Jefferson ST, Santa Clara, CA 95050
- $3,600,000
- 5,472
- SqFt
- List Price
- $3,600,000
- MLS#
- ML81984002
- Status
- ACTIVE
- Property Type
- com
- Sqft. of Residence
- 5,472
- Lot Size
- 8,360
- Listing Area
- Santa Clara
- Year Built
- 1957
Property Description
The Rubio Group of Marcus & Millichap is pleased to present 1355 Jefferson Street. 1355 Jefferson Street is an eight unit apartment complex, located in Santa Clara, California. The subject property was built in 1957 and consists of approximately 5,472 gross rentable square feet (per county assessor) and sits on an 8,360 square foot lot (per county assessor). This asset boasts an attractive unit mix of six (6) one-bed, one-bath units, and two (2) two-bed, one-bath units. Current ownership has meticulously upgraded the property and offers a new investor fully upgraded interiors including: new kitchens, bathrooms, appliances, cabinets, vinyl flooring and recessed lighting. In addition, four of the units have been upgraded with in-unit washer and dryers, boosting their upside in rental income. 1355 Jefferson Street is located within a four minute drive to Santa Clara University, making it an attractive options for students and teachers alike. This asset will appeal to investors looking for stable in place income within a robust rental market that still gives the opportunity to push the existing rents all the way to market.
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Additional Information
- Acres
- 0.19
- Age
- 67
- Cooling System
- Window / Wall Unit
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Unassigned Spaces, Uncovered Parking
- Heating System
- Wall Furnace
- Living Area
- 5,472
- Lot Size
- 8,360
- Neighborhood
- Santa Clara
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Flat / Low Pitch
- Sewer
- Sewer in Street
- Special Features
- None
- Unincorporated Yn
- Yes
- Zoning
- R3-36
Mortgage Calculator
Listing courtesy of Fred Rubio from Marcus & Millichap. 408-314-3009
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