$ 2,050,000
-
$2,050,000
Price -
0
Bed - Bath
-
2,585
SqFt
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About the Listing ML88226 - ML5073942
$250K PRICE ADJUSTMENT! Strong in-place cap rate of over 6%! Washers and Dryers in every unit! Marcus & Millichap is pleased to present 1555 Washington Street, a well-maintained six-unit single-story multifamily property in Santa Clara, California. Five of the units were constructed in 1953, complemented by a recently built 600-square-foot ADU added in 2023. Each unit offers a one-bedroom, one-bathroom floor plan, with a total estimated rentable area of approximately 2,690 square feet (buyer to verify). The property sits on an 8,037-square-foot lot and currently delivers a strong in-place cap rate of 5.39%. Notably, all electrical systems were fully upgraded in 2023, ensuring the property meets modern safety and efficiency standards. Located just minutes from Santa Clara University, NVIDIA, San Jose International Airport, and other major employment hubs, the property offers convenient access to El Camino Real, providing seamless connectivity throughout Santa Clara and neighboring San Mateo County.
Listing Highlights for 1555 Washington St
Status
Active
Days on Site
101
Property Type
Commercial Sale
MLS ®
ML82008801
Year Built
1953
Total Square Footage
2,585
Lot/Acreage
N/A
County
Santa Clara
Area
699 - Not Defined
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: CT
- Roof: Composition
- Others:
- Sewer:
Financial Details
- Tax Amount: $23,950
- Taxes w/Assessments: N/A
- Tax/Property ID: 22428050
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Years
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Listing Location
Questions About..
1555 Washington St Santa Clara, CA 95050
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