This is a one-of-a-kind excellent student rental property. Directly across the street for the University of Santa Clara. This property has never been vacant since it has been converted to a student rental. Current gross rents are $26,000 per month with increases scheduled for next year. New leases have been signed for units 2 and 3 for the next school year. New rents for these units are now $7,950 per month beginning July 1, 2025. The 2-bedroom units will also be rented for next school year shortly at a significantly higher rent. All kitchens are updated and nice. LVP flooring throughout. Low maintenance landscaping. If you are looking for a fantastic money producing rental investment, then this is the property for you.
lease term
12 months3,640 Sq Ft
6,534 Sq Ft Exterior Space
Investment
$60,250 Annual Tax
Built in 1960
MLS/Listing ID ML81980464
2 Stories
4 Units
Listing Courtesy of KW BAY AREA ESTATES, MYRON VON RAESFELD - 140-847-24025
Source of Data: MLSLISTINGS