1355 Jefferson ST Active

Santa Clara,CA 95050

$ 3600000

3 Beds

2 Baths

5472 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,472 sqft

Price per Sqft $657

MLS Listing ID ML81984002

Bedrooms 3

Full Baths 2

Originating Board MLSListings, Inc.

Year Built 1957

Lot Size 8,360 Sqft

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.

Location

State CA

County Santa Clara

Area Santa Clara

Zoning R3-36

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Exterior

Parking Features Unassigned Spaces,Uncovered Parking

Garage Spaces 8.0

Utilities Available Individual Electric Meters,Individual Gas Meters

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer in Street

Water Water On Site

Others

Tax ID 269-03-047

Special Listing Condition Not Applicable

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