Property Detail

Description

Investor's dream. First time on the market since built in 1977. This beautiful timeless mediterranean style 4-plex has strong foundations, solid construction, low-maintenance concrete tile roofing and stucco exterior, and a tremendous potential to increase equity and rental income by updating interiors. The prime location - a quiet neighborhood at walking distance from the Santa Clara University's main campus- will guarantee its long-term value. All units have been largely rented to students all year around, but it would also be perfect for living-in owners with the other three units providing a steady cash flow. The front unit, the 2-story townhouse style home facing Park Ave, has 3 bedrooms and 3 full baths, with nearly 1600 Sq/Ft. The junior units are one apartment of about 900 Sq/Ft with 2 bedrooms/2 baths, and two twin apartments of about 800 SqFt, with 2 bedrooms/1.5 bath each. Total living area of the building is 4,153 Sq/Ft, with 9 bedrooms and 8 baths total, one laundry room of 70 Sq/Ft, and 4 covered and 2 open parking spaces. Two units are vacant, and two are leased to 6/30/26, and 8/31/26. All areas are estimated. Disclosures and financial statements available through your agent. PLEASE, DO NOT DISTURB TENANTS OR WALK ON THE PROPERTY WITHOUT AN APPOINTMENT.