1. California
  2. Santa Clara
  3. 1555 Washington Street
$2,295,000

1555 Washington Street, Santa Clara, CA 95050

  • 2,585 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon8,037sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $888/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

Strong in-place cap rate of 5.39%! Washers and Dryers in every unit! Marcus & Millichap is pleased to present 1555 Washington Street, a well-maintained six-unit single-story multifamily property in Santa Clara, California. Five of the units were constructed in 1953, complemented by a recently built 600-square-foot ADU added in 2023. Each unit offers a one-bedroom, one-bathroom floor plan, with a total estimated rentable area of approximately 2,690 square feet (buyer to verify). The property sits on an 8,037-square-foot lot and currently delivers a strong in-place cap rate of 5.39%. Notably, all electrical systems were fully upgraded in 2023, ensuring the property meets modern safety and efficiency standards. Located just minutes from Santa Clara University, NVIDIA, San Jose International Airport, and other major employment hubs, the property offers convenient access to El Camino Real, providing seamless connectivity throughout Santa Clara and neighboring San Mateo County.

Listing Status:
Active
Date Added:
May 29, 2025 at 05:00AM
Listing Office:
Marcus & Millichap : (650) 391-1700
Listing Agent:
Jimmy Castellanos : 408-483-5040
MLS ID:
ML82008801
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace

This listing courtesy of Jimmy Castellanos, Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Scott Lane Elementary School

1925 Scott Blvd, Santa Clara, CA, 95050

Grades KG-5

0.67 miles away

B

Buchser Middle School

1111 Bellomy St, Santa Clara, CA, 95050

Grades 6-8

0.79 miles away

S

Santa Clara High School

3000 Benton St, Santa Clara, CA, 95051

Grades 9-12

2.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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