Active

1310-1340 Homestead RD

SANTA CLARA CA, 95050

$3,000,000


$520.83 per sqft

Active

5,760 sqft

Multi-family

Built in 1908

Listed by Compass, Michael Orlando, Dennis Lunder Listing Contact: 4089304132

$500,000 Price Adjustment ** This pride of ownership (8) unit apartment building located on the corner of Monroe and Homestead is just (4) blocks to the University of Santa Clara. There is covered parking for (5) cars and (3) garages for the other vehicles. The property has an excellent unit mix and curb appeal with major frontage on Homestead on a large 10,130SF lot. There are separate gas meters and electric meters all units. There are (2) apartment building in which the corner building on Monroe and Homestead is a Victorian Triplex with a basement for storage. The (5) unit building, built in 1957, is adjacent to the triplex making the entire complex spacious with lots of frontage. All the units are clean and well maintained and some have neighborhood views. The location has vibrant food and entertainment places. The property is minutes from Santa Clara University, Santana Row, Westfield Valley Fair. All tenants have access to fine restaurants, boutiques, salons, juice bars, bistros, wine bars and pizza shops. The building is permitted and has been inspected by the City of Santa Clara. Because of the location, strong rental market in Santa Clara, pride of ownership and condition of the property there is a significant upside to rents.

ML81963596

MLS ID

April 30, 2024

Listed

June 10, 2024

Updated

Map

1310-1340 Homestead RD
SANTA CLARA CA, 95050

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.23 Acres


Architectual Style

Victorian


Roof

Composition


Sewer

Public Sewer

School Information

School District

483


High School

Santa Clara High


Elementary School

C. W. Haman Elementary

Other Property Details

Area Name

Santa Clara


Association Amenities

Gated


Garage

Yes


Garage Spaces

3


Parking

Attached


Parking Total

4


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

R336


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

6/10/2024

Price Change

$3,000,000

-15%

Listed by Compass, Michael Orlando, Dennis Lunder
Listing Contact: 4089304132 

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Data last updated 7:47 PM UTC, 6/10/2024

 

 

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