$3,820,000
$4,095,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
1156 Santa Clara ST Santa Clara, CA 95050
8,731 SqFt
Key Details
Sold Price $3,820,000
Property Type Commercial
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
Year Built 1961
Annual Tax Amount $48,311
Lot Size 0.300 Acres
Acres 0.3
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
Area 699 - Not Defined
Zoning R336
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 8
Roof Type Composition
Total Parking Spaces 3
Building
Water Public
Schools
School District Other
Others
Tax ID 26936058
Financing Other
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Eric Katz • Magnify Real Estate