1355 Jefferson Street

Santa Clara, CA 95050

$3,600,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1957

calendar_month Built

Property Description

The Rubio Group of Marcus & Millichap is pleased to present 1355 Jefferson Street. 1355 Jefferson Street is an eight unit apartment complex, located in Santa Clara, California. The subject property was built in 1957 and consists of approximately 5,472 gross rentable square feet (per county assessor) and sits on an 8,360 square foot lot (per county assessor). This asset boasts an attractive unit mix of six (6) one-bed, one-bath units, and two (2) two-bed, one-bath units. Current ownership has meticulously upgraded the property and offers a new investor fully upgraded interiors including: new kitchens, bathrooms, appliances, cabinets, vinyl flooring and recessed lighting. In addition, four of the units have been upgraded with in-unit washer and dryers, boosting their upside in rental income. 1355 Jefferson Street is located within a four minute drive to Santa Clara University, making it an attractive options for students and teachers alike. This asset will appeal to investors looking for stable in place income within a robust rental market that still gives the opportunity to push the existing rents all the way to market.

Listing Information

List Price $3,600,000
Status Active
MLS ML81984002
HOA $0
Type Commercial
Year Built 1957
Lot Size 8,360
Structure Size N/A
Courtesy Of Marcus & Millichap
Listing Agent Fred Rubio DRE#01984041
Co-Listing Agent Cassandra Smillie Wyckoff DRE#02208464

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Fred Rubio, Cassandra Smillie Wyckoff, Marcus & Millichap 408-314-3009. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 17th, 2024 at 3:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.