Strategically located just steps from Santa Clara University, 551 Washington St presents a rare opportunity to own a high-performing student rental in one of Silicon Valleys most competitive housing markets. This property features 5 bedrooms & 2 baths in the front house and a permitted studio ADU attached to the detached garage. This rare opportunity offers a layout that caters perfectly to student living and maximizes rental income. The property is already leased for the full 20252026 academic year (July 2025 through June 2026) at an impressive $17,500 per month, providing immediate, predictable cash flow and eliminating leasing uncertainty for the upcoming year. With strong historical occupancy, premium rental rates, and a location thats in constant demand among SCU students, this is a turnkey investment opportunity with excellent income stability and long-term upside. Dont miss your chance to acquire a cash-flowing asset in the heart of Santa Claras student housing market.
Property Details
Price:
$2,398,888
MLS #:
ML82009134
Status:
Active
Beds:
6
Baths:
3
Address:
551 Washington Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
City:
Santa Clara
Listed Date:
May 30, 2025
State:
CA
Finished Sq Ft:
2,142
ZIP:
95050
Lot Size:
6,342 sqft / 0.15 acres (approx)
Year Built:
1890
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Schools
School District:
Other
Interior
Cooling
None
Fireplace Features
Family Room
Heating
Central
Exterior
Foundation Details
Brick/ Mortar
Garage Spaces
2.00
Parking Features
Off Street
Parking Spots
2.00
Roof
Composition, Shingle
Sewer
Public Sewer
Water Source
Public
Financial
Map
Community
- Address551 Washington Street Santa Clara CA
- Area699 – Not Defined
- CitySanta Clara
- CountySanta Clara
- Zip Code95050
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551 Washington Street
Santa Clara, CA
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