495 Alviso Street
Santa Clara, CA 95050
3640 sqft | 0.15 acres | #ML81980464
Description
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.
Property Details
- FoundationConcretePerimeter
- Date ClosedMarch 31, 2025
- Property TypeMulti-Family
- CountySanta Clara
- Original List Price$4,750,000
- MLS #ML81980464
- Property SubtypeQuadruplex
- MLS #ML81980464
- Taxes Annual$60,250
- Cost4750000
- School DistrictOther
- Acres0.15
- Square Feet3640
- Year Built1960
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Myron Von Raesfeld (#ML5080501)
Listing Office: KW Bay Area Estates (#ML89184)
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