Santa Clara, CA 95050,1156 Santa Clara Street
Listed by Eric Katz β€’ Magnify Real Estate
Bought with Eric Katz β€’ Magnify Real Estate
$3,820,000
$4,095,000
6.7%
Est.Price: ?

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8,731 SqFt

1156 Santa Clara Street Santa Clara, CA 95050

Est. payment /mo
SOLD DATE : 10/22/2024

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Key Details

Sold Price $3,820,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 8,731 sqft

Price per Sqft $437

MLS Listing ID ML81974822

Sold Date 10/22/24

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1961

Lot Size 0.300 Acres

Property Sub-Type Other

Property Description

We are pleased to present the opportunity to acquire 1156 Santa Clara St, a pride of ownership trophy asset located in the heart of Santa Clara. **Can be sold together with adjacent properties: 645 & 647-649 Jackson Street, Santa Clara** The property comprises of 11 units, offering a total building space of 8,731 square feet on a lot spanning 13,500 square feet. Built in 1961, the unit mix includes 2 three-bedroom/one-bathroom units, 5 two-bedroom/one-bathroom units, and 4 one-bedroom/one-bathroom units. The property has undergone extensive capital expenditures, featuring fully remodeled interiors, copper plumbing, new sub-panels and wiring, and a new water heater. This investment presents a significant opportunity for rental income growth. Situated just 3 blocks from Santa Clara University, the property enjoys a prime location within a bustling and dynamic community. It is also conveniently situated near major tech employers such as NVIDIA, AMD, Cisco, Intel and eBay. Finally, the residents enjoy easy access to highways 101, 280 and 880 and the San Jose Mineta International Airport.

Location

State CA

County Santa Clara

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Fireplace No

Appliance Refrigerator

Building

Water Public

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Bay East AOR and Contra Costa AOR

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