1340 Homestead Road
$3,199,900
—
5,760
5,760
$556
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.
- Listed by David Azimi • DRE #01790940 • Intero Real Estate Services
Property Details for 1340 Homestead Road
City
SANTA CLARA
Building Type5 or More Units
Property Sub Type5 or More Units
Garage/ParkingOther
Total # Parking Spaces3
LISTING UPDATED: 01/10/2025 12:19 AM
Property Details for 1340 Homestead Road
Status | Active |
---|---|
MLS # | 41081451 |
Days on Compass | 12 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units |
Year Built | 1908 |
Lot Size | 0.23 AC / 10,130 SF |
County | Santa 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
Property History for 1340 Homestead Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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