$4,750,000

495 Alviso Street, Santa Clara, CA 95050

  • 3,640 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,305/sqft
  • Property List Date Icon Listed 9 months ago

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.

Listing Status:
Pending
Date Added:
September 15, 2024 at 05:00AM
Listing Office:
KW Bay Area Estates : (408) 560-9000
Listing Agent:
Myron Von Raesfeld : 14084724025
MLS ID:
ML81980464

This listing courtesy of Myron Von Raesfeld, KW Bay Area Estates

Monthly Payment

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

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Location

Schools Nearby

W

Washington Open Elementary School

270 Washington St, Santa Clara, CA, 95050

Grades KG-5

0.27 miles away

B

Buchser Middle School

1111 Bellomy St, Santa Clara, CA, 95050

Grades 6-8

0.21 miles away

W

Wilson Alternative

1840 Benton St, Santa Clara, CA, 95050

Grades 6-12

0.90 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.