Santa Clara, CA 95050,1156 Santa Clara ST
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Santa Clara, CA 95050,1156 Santa Clara ST
Santa Clara, CA 95050,1156 Santa Clara ST
Santa Clara, CA 95050,1156 Santa Clara ST
Santa Clara, CA 95050,1156 Santa Clara ST

$3,820,000

Est. payment /mo

$4,095,000

6.7%
Est.Price: ?

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1156 Santa Clara ST Santa Clara, CA 95050

8,731 SqFt

SOLD DATE : 10/22/2024

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

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California Regional MLS (CRMLS)
Listed by Eric Katz • Magnify Real Estate
Bought with Eric Katz • Magnify Real Estate

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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