Pending

495 Alviso Street

Santa Clara CA, 95050

$4,750,000


$1,304.95 per sqft

Pending

10 Beds

3,640 sqft

Multi-family

Built in 1960

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.

ML81980464

MLS ID

September 15, 2024

Listed

December 20, 2024

Updated

Map

495 Alviso Street
Santa Clara CA, 95050

Interior Features

Bedrooms

10


Fireplace

No


Cooling

Yes


Cooling Description

No Air Conditioning


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.15 Acres

School Information

School District

Santa Clara Unified

Other Property Details

Area Name

Santa Clara


Garage

No


View

No


County

Santa Clara


Pool

No


Zoning

CT

Listing History

Date

Event

Price

11/23/2024

Pending

Listed by Myron Von Raesfeld with KW Bay Area Estates
Listing Contact:  

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