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    1355 Jefferson Street

    Santa Clara, CA 95050
    • $2,750,000
    • STATUS: Active
    • ON SITE: 25 days
    • ID#: ML81813179
    UPDATED: 3 min ago
    $2,750,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    1365 Jefferson Street is a 8 unit multi-family building with six 1 bedroom 1 bath units and two 2 bedroom 1 bath units in historic Santa Clara on a 8515 square foot lot. Rents reported are actual and can be raised almost 8% a year; (CPI+ 5%) but check with City of Santa Clara. Owner lives in a 1 bedroom and no rent has been reported. All units are individually metered for gas & electric. Water and garbage service are provided by city and by comparison are inexpensive compared to other locales. These units are easy to rent with little or no vacancies in the past. Washer and dryer are leased. Removing the owners 2 sheds will create more parking in back. Great investment for your future retirement. Central location close to bus lines, train station and El Camino Real.

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-25T20:38:00.493.

    www.lucasgphomes.com/homes/110502130
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    1355 Jefferson Street Santa Clara, CA 95050

    • Price: $2,750,000
    • Status: Active
    • Updated: 3 min ago
    • ID#: ML81813179
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1957
    Built
    Neighborhood:
    All Other Counties/States
    County:
    Santa Clara
    Area:
    All Other Counties/States
    Property Description
    1365 Jefferson Street is a 8 unit multi-family building with six 1 bedroom 1 bath units and two 2 bedroom 1 bath units in historic Santa Clara on a 8515 square foot lot. Rents reported are actual and can be raised almost 8% a year; (CPI+ 5%) but check with City of Santa Clara. Owner lives in a 1 bedroom and no rent has been reported. All units are individually metered for gas & electric. Water and garbage service are provided by city and by comparison are inexpensive compared to other locales. These units are easy to rent with little or no vacancies in the past. Washer and dryer are leased. Removing the owners 2 sheds will create more parking in back. Great investment for your future retirement. Central location close to bus lines, train station and El Camino Real.
    Exterior Features

    Parking Description Spaces - Assigned Parking Spaces Total 0 Roof Composition Shingles

    Interior Features

    Apx Sq Ft Unit1 625 Apx Sq Ft Unit2 625 Apx Sq Ft Unit3 625 Apx Sq Ft Unit4 861 Apx Sq Ft Unit5 861 Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 1 Bedrooms Unit4 2 Bedrooms Unit5 2 Cooling None Heating Wall Furnace Laundry Coin Operated Some Units Have Refrigerator

    Property Features

    Annual Gross Sched Income 118404 Annual Taxes 34375 Annual Utility Expense 9000 Building Type Other City Transfer Tax No Energy Saving Feature Ceiling Insulation Hoa YN No Net Operating Income 70066 Rent Unit1 1300 Rent Unit2 1200 Rent Unit3 1300 Rent Unit4 1800 Rent Unit5 1567 Tenant Pays ElectricGas Tot Bldg Sq Ft 5472 Water Sewer Sewer System - PublicWater - Public Zoning R336

    Listing courtesy of David Lindsay of Coldwell Banker Realty.


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-25T20:38:00.493.

     
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