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.
MLS #
ML81984002
MLS Source
MLSListings, Inc.
Days on Site
35
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Flat
Foundation
Concrete Perimeter and Slab
Garage/Parking
Garage: 0 Car(s)
Elementary District
Santa Clara Unified
High School District
Santa Clara Unified
Zoning
R3-36
Listing Agent
Fred Rubio
Marcus & Millichap
License #: 01984041
Phone: (408) 314-3009
Co-Listing Agent
Cassandra Smillie Wyckoff
License #: 02208464
Phone: (650) 224-7190
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 8 | 8 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 800 | 2 | 1/0 | $2,700 | $2,900 | 2 |
2 | 625 | 1 | 1/0 | $1,780 | $2,380 | 6 |
1355 Jefferson St is a Residential Income in Santa Clara, CA 95050. This 5,472 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,600,000 and was built in 1957.
This address can also be written as 1355 Jefferson St, Santa Clara, CA 95050.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of October 17, 2024. For the most current information, please contact Fred Rubio, (408) 314-3009