$ 3,600,000
1355 Jefferson Street Santa Clara, CA 95050
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Listed by Fred Rubio • Marcus & Millichap
$ 3,600,000
Est. payment /mo
Active
1355 Jefferson Street Santa Clara, CA 95050
5,472 SqFt
UPDATED:
10/18/2024 06:35 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,472 sqft
Price per Sqft $657
MLS Listing ID ML81984002
HOA Y/N No
Originating Board Datashare MLSListings
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
Interior
Heating Wall Furnace
Fireplace No
Appliance Dishwasher
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