1355 Jefferson Street, Santa Clara, CA 95050
  • MLS#: ML81984002 ( )
  • Street Address: 1355 Jefferson Street
  • Viewed: 8
  • Price: $3,600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 0
  • Days On Market: 94
  • Additional Information
  • County: SANTA CLARA
  • City: Santa Clara
  • Zipcode: 95050
  • Provided by: Marcus & Millichap
  • Contact: Fred Fred
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Building Area Total
  1. 5472.00
Carport Spaces
  1. 0.00
Cooling
  1. Wall/Window Unit(s)
Heating
  1. Wall Furnace
Insurance Expense
  1. 8000.00
Otherexpense
  1. 0.00
Parcel Number
  1. 26903047
Roof
  1. Flat
Totalexpenses
  1. 67289.00
Trash Expense
  1. 0.00
Year Built
  1. 1957
Year Built Source
  1. Assessor
Zoning
  1. R3-36