CA > Santa Clara
Santa Clara, CA 95050,1555 Washington ST
Santa Clara, CA 95050,1555 Washington ST
Santa Clara, CA 95050,1555 Washington ST
Santa Clara, CA 95050,1555 Washington ST
Santa Clara, CA 95050,1555 Washington ST
Santa Clara, CA 95050,1555 Washington ST
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Kenneth Jamaca

Kenneth Jamaca

+1(925) 413-1849
Listed by Jimmy Castellanos • Marcus & Millichap
$ 2,050,000
Est. payment | /mo

1.5 Baths

2,585 SqFt

Save
$ 2,050,000
Est. payment | /mo
Save

1.5 Baths

2,585 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,585 sqft

Price per Sqft $793

MLS Listing ID ML82008801

Full Baths 1

Half Baths 1

Year Built 1953

Lot Size 8,037 Sqft

Property Sub-Type Five or More Units

Property Description

$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.

Location

State CA

County Santa Clara

Area Santa Clara

Zoning CT

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Exterior

Parking Features Assigned Spaces

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Concrete Perimeter, Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 224-28-050

Security Features None

Special Listing Condition Not Applicable

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agent
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

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1555 Washington ST