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Louis Fong | 1% List Fee Realtor

louis@equitashomes.com +1(408) 561-1321

Listed by Jimmy Castellanos • Marcus & Millichap, DRE#02024152

$ 2,100,000

Est. payment -/mo

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Pending

1555 Washington ST Santa Clara, CA 95050

2 Beds

2 Baths

2,585 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 2,585 sqft

Price per Sqft $812

MLS Listing ID ML82034312

Bedrooms 2

Full Baths 2

Year Built 1953

Lot Size 8,037 Sqft

Property Sub-Type Five or More Units

Property Description

Marcus & Millichap is pleased to present 1555 Washington Street, a well-maintained six-unit single-story multifamily property in Santa Clara, California. Five of the units were constructed in 1953, complemented by a recently built 600-square-foot ADU added in 2023. Each unit offers a one-bedroom, one-bathroom floor plan, with a total estimated rentable area of approximately 2,690 square feet (buyer to verify). All units are equipped with in-unit washers and dryers, adding convenience and appeal for tenants. The property sits on an 8,037-square-foot lot and currently delivers a strong in-place cap rate of 5.95%. Notably, the main electrical panel was updated in 2023, ensuring the property meets modern safety and efficiency standards.

Location

State CA

County Santa Clara

Area Santa Clara

Zoning CT

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry Washer / Dryer

Exterior

Parking Features Assigned Spaces

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Shingle

Building

Foundation Concrete Perimeter, Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 224-28-050

Security Features None

Special Listing Condition Not Applicable

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Louis Fong | 1% List Fee Realtor

Broker Associate | License ID: DRE 01151598

+1(408) 561-1321 | louis@equitashomes.com

Louis Fong | 1% List Fee Realtor

1555 Washington ST Santa Clara, CA 95050

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

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1555 Washington ST