About 1310 -1340 Homestead Rd
Great Opportunity on this premier 8-unit investment property only four blocks from Santa Clara University! The property features a charming Victorian triplex with a large basement built in the early 1900s, and a separate 5-unit apartment constructed in 1957. There are two APNs with potential to obtain a lot line adjustment and separate the property into a triplex and 5-unit, in addition to further upside by converting the three garages into an ADU (Buyer to verify). The property has excellent curb appeal and large frontage on Homestead Road, with a spacious lot size of 10,130 SF. This pride-of-ownership asset is well-maintained with significant upside in rents. The investment appeal of this asset is driven by a strong rental market with an option for student housing, and a prominent location that will benefit from nearby developments. The property is minutes away from local attractions such as Santa Clara University, Santana Row, Westfield Valley Fair, and downtown San Jose.
Features of 1310 -1340 Homestead Rd
| MLS® # | 41031891 |
|---|---|
| Price | $3,899,900 |
| Bedrooms | 11 |
| Bathrooms | 8.00 |
| Full Baths | 8 |
| Square Footage | 5,760 |
| Acres | 10,130.00 |
| Year Built | 1912 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Other |
| Status | Active |
Community Information
| Address | 1310 -1340 Homestead Rd |
|---|---|
| Area | Santa Clara County |
| Subdivision | SANTA CLARA |
| City | Santa Clara |
| County | Santa Clara |
| State | CA |
| Zip Code | 95050 |
Amenities
| Parking | Carport - 2 Or More |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | No Additional Rooms |
|---|---|
| Heating | Natural Gas, Wall Furnace |
| Cooling | Ceiling Fan(s) |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two Story |
Exterior
| Exterior Features | Other |
|---|---|
| Lot Description | Other |
| Roof | Shingle |
| Construction | Wood Siding, Siding - Stucco |
| Foundation | Other |
Additional Information
| Date Listed | June 30th, 2023 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | David Azimi |
|---|---|
| Office | Intero Real Estate Services |