1555 Washington St | Santa Clara, CA 95050
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- LoopNet Team
1555 Washington St
Santa Clara, CA 95050
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Six single-story one-bedroom, one-bathroom units, including a modern 600-square-foot ADU built in 2023
- Strong immediate cash flow with an in-place cap rate of 5.39%
- Complete electrical system upgrade finished in 2023, ensuring updated safety and efficiency
- Excellent location minutes from Santa Clara University, NVIDIA, San Jose International Airport, and close to El Camino Real
PROPERTY FACTS
| No. Units | 6 | Building Size | 2,690 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 1 |
| Building Class | C | Year Built | 1953 |
| Lot Size | 0.18 AC | Parking Ratio | 1.49/1,000 SF |
| Zoning | CT | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,690 SF |
| Average Occupancy | 83% |
| No. Stories | 1 |
| Year Built | 1953 |
| Parking Ratio | 1.49/1,000 SF |
| Zoning | CT |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $2,413 | 448 |
PROPERTY TAXES
| Parcel Number | 224-28-050 | Improvements Assessment | $559,164 |
| Land Assessment | $1,758,276 | Total Assessment | $2,317,440 |
PROPERTY TAXES
Parcel Number
224-28-050
Land Assessment
$1,758,276
Improvements Assessment
$559,164
Total Assessment
$2,317,440
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