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$1,380,000
Est. payment /mo
1,800 SqFt
New
1487 Homestead RD Santa Clara, CA 95050
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $766
MLS Listing ID ML82032112
HOA Y/N No
Year Built 1952
Annual Tax Amount $1,072
Lot Size 6,364 Sqft
Property Sub-Type Triplex
Property Description
This well-maintained 3-unit multifamily property presents an attractive investment opportunity in the heart of Santa Clara, CA. The charming triplex features three 1-bedroom, 1-bathroom units, each with a private 1-car garage, access to a shared laundry room, and a lush, comfortable backyard common area ideal for outdoor enjoyment. Spanning approx.1,800 sf of living space on a 0.16-acre (6,365 sf) lot, the property offers an efficient single-story layout. All units are currently leased to excellent tenants on a month-to-month basis, providing both stability and flexibility for future ownership. The property has seen thoughtful updates over the years, including remodeled bathrooms in two units, updated kitchens throughout, refinished hardwood flooring in select units, a newer roof, and double-pane windows across all units. Each unit is individually metered for gas & electricity, with a master water meter. Owned by the same family for decades, the property benefits from a history of stable tenancy and pride of ownership. Its central Santa Clara location offers convenient access to Silicon Valley's major employment centers, renowned universities, and established retail and dining corridors, making it an ideal opportunity for both rental upside and long-term investment value.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning 0G
Interior
Heating Wall Furnace
Flooring Laminate, Tile, Wood
Fireplace No
Appliance Electric Cooktop
Exterior
Garage Spaces 3.0
Garage Description 3.0
View Y/N No
Roof Type Composition
Accessibility Other
Total Parking Spaces 3
Building
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 26920046
Special Listing Condition Standard
Virtual Tour https://bayarea.reelandshutter.com/1487-Homestead-Rd/idx

Listed by Kristy Kessler Intero Real Estate Services
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