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.
Property Details
Price:
$4,750,000
MLS #:
ML81980464
Status:
Pending
Baths:
0
Address:
495 Alviso Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Santa Clara
Listed Date:
Sep 15, 2024
State:
CA
ZIP:
95050
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1960
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Schools
Interior
Accessibility Features
None
Appliances
Dishwasher, Vented Exhaust Fan, Disposal, Microwave, Electric Oven, Refrigerator
Cooling
None
Heating
Wall Furnace
Exterior
Foundation Details
Concrete Perimeter
Garage Spaces
0.00
Parking Features
Unassigned
Parking Spots
10.00
Roof
Composition
Stories Total
2
Financial
Map
Community
- Address495 Alviso Street Santa Clara CA
- Area699 – Not Defined
- CitySanta Clara
- CountySanta Clara
- Zip Code95050
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495 Alviso Street
Santa Clara, CA
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