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Investor's dream. First time on the market since built in 1977. This beautiful timeless mediterranean style 4-plex has strong foundations, solid construction, low-maintenance concrete tile roofing and stucco exterior, and a tremendous potential to increase equity and rental income by updating interiors. The prime location - a quiet neighborhood at walking distance from the Santa Clara University's main campus- will guarantee its long-term value. All units have been largely rented to students all year around, but it would also be perfect for living-in owners with the other three units providing a steady cash flow. The front unit, the 2-story townhouse style home facing Park Ave, has 3 bedrooms and 3 full baths, with nearly 1600 Sq/Ft. The junior units are one apartment of about 900 Sq/Ft with 2 bedrooms/2 baths, and two twin apartments of about 800 SqFt, with 2 bedrooms/1.5 bath each. Total living area of the building is 4,153 Sq/Ft, with 9 bedrooms and 8 baths total, one laundry room of 70 Sq/Ft, and 4 covered and 2 open parking spaces. Two units are vacant, and two are leased to 6/30/26, and 8/31/26. All areas are estimated. Disclosures and financial statements available through your agent. PLEASE, DO NOT DISTURB TENANTS OR WALK ON THE PROPERTY WITHOUT AN APPOINTMENT.
Property Type(s):
Residential Income
| Last Updated | 9/25/2025 | Year Built | 1977 |
|---|---|---|---|
| Community | 699 - Not Defined | County | Santa Clara |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Range Hood, Refrigerator, Vented Exhaust Fan |
| AREA | 699 - Not Defined |
| HEAT | Electric, Fireplace(s) |
| LOT | 8999 sq ft |
| PARKING | Carport |
| STORIES | 2 |
| STYLE | Mediterranean |
| TAXES | 5334 |
| WATER | Public |
Location
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Listed with America Realty
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