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1156 Santa Clara Street, Santa Clara, CA 95050

Commercial property

1156 Santa Clara Street, Santa Clara, CA 95050 Sold October 2024 CRMLS
$3,820,000Sold October 2024

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

8,731
Building Sq Ft
13,068 sqft
Lot Size
1961
Year Built
R336
Zoning
Commercial property
Type

About this commercial property

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.

Sale history

$3,820,000
Sold October 2024 · listed $4,095,000, on market July 2024 · MLS #ML81974822 · Source: CRMLS
Listing Agent: Eric Katz · Listing Office: Magnify Real Estate · Contact: (877) 776-7718 · Bought with: Eric Katz · Magnify Real Estate
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