Bay Area Home Sales - Annemarie Heynig
1/7
Listing Courtesy Of: KW Bay Area Estates, 408-472-4025, Myron Von Raesfeld
Local Realty Services Provided By: KW Santa Clara Valley
Overview
What It'll Cost
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$4,750,000
495 Alviso Street, Santa Clara, CA 95050
3,640 sq ft
.15 ac
$4,750,000

495 Alviso Street, Santa Clara, CA 95050

Estimation provided by Keller Williams Realty Inc.
3,640 sq ft
.15 ac
Pending (Do Not Show)
For Sale

Property Description

This is a one-of-a-kind excellent student rental property. Directly across the street for the University of Santa Clara. This property has never been vacant since it has been converted to a student rental. Current gross rents are $26,000 per month with increases scheduled for next year. New leases have been signed for units 2 and 3 for the next school year. New rents for these units are now $7,950 per month beginning July 1, 2025. The 2-bedroom units will also be rented for next school year shortly at a significantly higher rent. All kitchens are updated and nice. LVP flooring throughout. Low maintenance landscaping. If you are looking for a fantastic money producing rental investment, then this is the property for you.

Property Details

Compare This Home
Overview
Property Type
Fourplex
Property Size
3,640 sq ft
Year Built
1960
Days on Site
191 Days
HVAC
Wall Furnace
Parking
10 Parking Spaces
Keller Williams Santa Clara Valley
Keller Williams Santa Clara Valley
02203181

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
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Purchase Price: $4,750,000
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Price & Tax History

Date
Event
Price
09/16/2024
Listed
$4,750,000
(+439.77%)
12/10/2002
Sold
$880,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$12,422
(+2.03%)
$1,064,931
Land 369,174 + Additions 695,757
2021
$12,175
(+1.85%)
$1,023,581
Land 354,840 + Additions 668,741
2020
$11,954
(+0.12%)
$1,003,512
Land 347,883 + Additions 655,629
2019
$11,940
(+6.85%)
$993,223
Land 344,316 + Additions 648,907
2018
$11,174
(+2.78%)
$973,749
Land 337,565 + Additions 636,184
2016
$10,872
$935,939
Land 324,458 + Additions 611,481
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Keller Williams Santa Clara Valley
Keller Williams Santa Clara Valley
02203181

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