495 Alviso Street

Santa Clara, CA 95050

$4,750,000

List Price

N/A

bed Beds

shower Baths

3,640 sqft

straighten / sqft

1960

calendar_month Built

Property 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.

Listing Information

List Price $4,750,000
Status Active
MLS ML81980464
Type Residential Income
Subtype Quadruplex
Year Built 1960
Lot Size 6,534
Structure Size 3,640
DOM 41
Courtesy Of KW Bay Area Estates
Listing Agent Myron Von Raesfeld DRE#00866594

Interior Features

Kitchen Information
Features Granite Counters, Tile Counters
Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Myron Von Raesfeld, KW Bay Area Estates 14084724025. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 27th, 2024 at 3:06 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.