1340 Homestead Road

Santa Clara, CA 95050

$3,199,900
Price
Beds
5,760 Sq. Ft.
$556 / Sq. Ft.
5,760
Sq. Ft.
$556
per Sq. Ft.

Description

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...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.
  1. Listed by David Azimi • DRE #01790940 • Intero Real Estate Services

Property Details for 1340 Homestead Road

City
SANTA CLARA
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Other
Total # Parking Spaces
3
LISTING UPDATED: 01/10/2025 12:19 AM

Property Details for 1340 Homestead Road

StatusActive
MLS #41081451
Days on Compass12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units
Year Built1908
Lot Size0.23 AC / 10,130 SF
CountySanta Clara County

Building Information for 1340 Homestead Road

Stories-Residences8Year Built1908Building Size-Lot Size0.23 AC / 10,130 SF

Property Information for 1340 Homestead Road

Features
Feature Details
  • Flooring: Other
Utility Details
  • Cooling: Ceiling Fan(s)
  • Heating: Gas, Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Water Heater Gas
  • Exterior: Stucco, Wood Shingles
  • Lot Description: Other
  • Lot Sq Ft Apx: 10130
  • Lot Size Square Feet: 10130.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 5760
  • Year Built: 1908
Location Details
  • Directions to Property: El Camino Real2-Lincoln2-Homest
  • FIPS Code: 06085
  • Census Tract: unknown
  • Parcel Number: 269-26-067
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 8
  • Basement: None
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Other
Multi Family 5+ Information
Unit 1
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 Refrigerator: Yes
  • Unit # 1 # of Bedrooms: 1
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Approx SqFt: 650
Unit 2
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 Refrigerator: Yes
  • Unit # 2 # of Bedrooms: 2
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Approx SqFt: 800
Unit 3
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 Refrigerator: Yes
  • Unit # 3 # of Bedrooms: 2
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Approx SqFt: 910
Unit 4
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 Refrigerator: Yes
  • Unit # 4 # of Bedrooms: 1
  • Unit # 4 # of Bathrooms: 1
Unit 5
  • Unit # 5 Occupied By: Tenant
  • Unit # 5 Refrigerator: Yes
  • Unit # 5 # of Bedrooms: 1
  • Unit # 5 # of Bathrooms: 1
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 0
  • On Site Parking Description: Other
Income / Expense Details
  • Annual Rent Income: $173,160
  • Net Operating Income: $121,458
Other Financial Information
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 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 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 - K 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
PublicK 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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1340 Homestead Road is a multi-family home for sale in Santa Clara, CA 95050. This property was listed for sale on January 3, 2025 by Intero Real Estate Services, it's currently listed at $3,199,900. 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. 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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Intero Real Estate Services, David Azimi, DRE #01790940

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.