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Buy a houseat 1310 -1340 Homestead Rd, Santa Clara, CA 95050

$3,899,900

$0/mo

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Residential

5,760 Sq. Ft.

5,760 Sq. Ft. lot

11 Bedrooms

8 Bathrooms

313 Days on market

41031891 MLS ID

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About 1310 -1340 Homestead Rd house

Great Opportunity on this premier 8-unit investment property 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.
Great Opportunity on this premier 8-unit investment property 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.

Property details

Bathrooms

8 full bathrooms

8 total bathrooms

Bedrooms

11 total bedrooms

House

Built in 1912

Stories: 2

5,760 sqft living area

Wood Siding

Two

Floors

Carpet

Heating

Natural Gas

Wall Furnace

Listing

Listing ID: 41031891

Property Subtype: Single Family Residence

7 days on market

Location

County: Santa Clara

Subdivision: SANTA CLARA

Lot

5760 sqft

10130 acres

Area: 5760

Parking

Carport

Carport

Possession

Negotiable

Roof

Shingle

Sewer

Public Sewer

Monthly cost

Estimated monthly cost

$24,852/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$3,665,906

+$116,997

$3,782,903

Seller agent commission$116,997 (3%)*

$0 (0%)

Buyer agent commission$116,997 (3%)*

$116,997 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: May 8, 2024 at 12:34 p.m.

Data updated: Jul 7, 2023 at 12:05 p.m.

Property listed by Intero Real Estate Services, David Azimi
Based on information from California Regional Multiple Listing Service, Inc. as of 07/07/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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