Commercial property
Listing Agent: Eric Katz (DRE #01900078) · Listing Office: Magnify Real Estate · Contact: (877) 776-7718 · Bought with: Eric Katz · Magnify Real Estate · MLS #ML81974822 · Source: CRMLS
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.
Listing description from the October 2024 sale, as reported to CRMLS.