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Listed by Intero Real Estate Services
$ 1,380,000
Est. payment /mo
New
1487 Homestead Road Santa Clara, CA 95050
1,800 SqFt
UPDATED:
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
Lot Size 6,365 Sqft
Property Sub-Type Triplex
Source Datashare MLSListings
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
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Flooring Hardwood, Laminate, Tile
Fireplace No
Window Features Double Pane Windows
Schools
School District Santa Clara Unified, Santa Clara Unified