1310-1340 Homestead Road

Santa Clara, CA 95050

$3,500,000
Price
Beds
5,760 Sq. Ft.
$608 / Sq. Ft.
5,760
Sq. Ft.
$608
per Sq. Ft.

Description

This pride of ownership (8) unit apartment building located on the corner of Monroe and Homestead is just (4) blocks to the University of Santa Clara. There is covered parking for (5) cars and (3) garages for the other vehicles. The property has an excellent unit mix and curb appeal with major frontage on Homestead on a large 10,130SF lot. There are separate gas meters and electric meters all units. There are (2) apartment building in which the corner building on Monroe and Homestead is a Victorian...This pride of ownership (8) unit apartment building located on the corner of Monroe and Homestead is just (4) blocks to the University of Santa Clara. There is covered parking for (5) cars and (3) garages for the other vehicles. The property has an excellent unit mix and curb appeal with major frontage on Homestead on a large 10,130SF lot. There are separate gas meters and electric meters all units. There are (2) apartment building in which the corner building on Monroe and Homestead is a Victorian Triplex with a basement for storage. The (5) unit building, built in 1957,is adjacent to the triplex making the entire complex spacious with lots of frontage. All the units are clean and well maintained and some have neighborhood views. The location has vibrant food and entertainment places. The property is minutes from Santa Clara University, Santana Row, Westfield Valley Fair.. All tenants have access to fine restaurants, boutiques, salons, juice bars, bistros, wine bars and pizza shops. The building is permitted and has been inspected by the City of Santa Clara. Because of the location, strong rental market in Santa Clara, pride of ownership and condition of the property there is a significant upside to rents.

Listing Agent

  1. Michael Orlando

    Michael Orlando

    Listing Agent

    Compass

    DRE #00879792

Property Details for 1310-1340 Homestead Road

MLS City Name
SANTA CLARA
Building Type
Other
Complex Name
Downtown Santa Clara
Style
Victorian
Garage Spaces
3
Parking Spaces
4

Location

Listing Courtesy of Compass, Michael Orlando, DRE #00879792; Dennis A. Lunder, Broker, Dennis Lunder, DRE #00656586
Add your commute
LISTING UPDATED: 05/02/2024 09:06 AM

Property Details for 1310-1340 Homestead Road

StatusActive
MLS #ML81963596
Days on Compass19
Taxes$9,577 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1908
Lot Size0.23 AC / 10,018 SF
CountySanta Clara County

Location

Listing Courtesy of Compass, Michael Orlando, DRE #00879792; Dennis A. Lunder, Broker, Dennis Lunder, DRE #00656586
Add your commute

Building Information for 1310-1340 Homestead Road

Stories-Residences-Year Built1908Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$19,899 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,101

Property Taxes

$798

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1310-1340 Homestead Road

Features
External Links
Features
  • Communications: Cable TV
  • Fireplace: No
  • Living SqFt: 5760
  • Pool: No
  • Security Features: Fire Alarm, Security Fence, Security Lights
  • Special Features: Bathroom Features, Kitchen Features, Parking
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public, Sewer in Street
  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas
  • Water: Public
Carport and Parking
  • Carport Min: 5
Garage
  • Garage and Parking: Attached Garage, Carport, Common Parking Area, Covered Parking, Lighted Parking Area
Property Details
Homeowners Association
  • HOA Amenities: Additional Storage, Car Wash Area, Community Security Gate
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 8
  • Area Text: Santa Clara
  • Restrictions: Age - No Restrictions
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 1310-1340
  • Street Name: Homestead
  • Street Suffix: Road
  • Area ID: 8
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 5760
  • Structure SqFt Source: Other
  • Age: 116
Development Information
  • Construction Type: Wood, Wood Frame
  • Ownership Type: Trust
  • Zoning Detail: R336
Location Information
  • City Limits: Yes
  • Directions: In Downtown Santa Clara on the corner of Monroe and Homestead. Just a couple blocks to the Santa Clara University.
  • Incorporated: Yes
  • Parcel Number: 269-26-067
  • County Name: Santa Clara
  • City Name: SANTA CLARA
  • City Postal ID: 63
  • Postal Code: 95050
  • Elementary School: 389
  • Elementary School District: 483
  • Middle School Text: Buchser Middle
  • High School District Text: Santa Clara Unified
  • High School Text: Santa Clara High
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .23
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
  • Yard Grounds: Fenced, Sprinklers - Lawn
Multi Family Information
Building Information
  • No Of Leased: 8
General Information
  • Annual Tax Amount: $9,577
  • Capitalization Rate: 3.55
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Income Includes: Rents
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $14,640
  • Expense Landscape: $2,850
  • Expense Maintenance: $2,150
  • Expense Management: $9,830
  • Expense Trash: $3,500
  • Expenses Other: $275
  • Expenses Utility: $4,567
  • Expenses Total: $47,389
  • Operating Expenses Include: Fee - Professional Services, Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Sewer, Utilities - Water
  • Gross Rent Multiplier: 19.98
  • Income Annual Gross: $171,657
  • Income Annual Rental: $173,160
  • Income Gross Scheduled: $175,160
  • Income Other: $2,000
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,420
Unit 2 Information
  • Unit 2 Approx Square Footage: 800
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $1,995
Unit 3 Information
  • Unit 3 Approx Square Footage: 910
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,250
Unit Type 1
  • Unit Type1 Approx SqFt: 650

Property History for 1310-1340 Homestead Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1310-1340 Homestead Road

This home is within Santa Clara Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
C. W. Haman Elementary School
PublicK to 5

Buchser Middle School
Public6 to 8

Santa Clara High School
Public9 to 12

Wilson Alternative School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1310-1340 Homestead Road is a multi-family home for sale in Santa Clara, CA 95050. This property was listed for sale on April 30, 2024 by Compass, it's currently listed at $3,500,000. This listing's school district is Santa Clara Unified School District. Nearby schools include C. W. Haman Elementary School, Buchser Middle School and Santa Clara High School. 1310-1340 Homestead Road is a 0-bed, 0-bath, 5,760 sqft multi-family home built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Michael Orlando, DRE #00879792; Dennis A. Lunder, Broker, Dennis Lunder, DRE #00656586

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.