1555 Washington Street Santa Clara, CA 95050

Building Details

Year Built

1953

Listing Agency Marcus & Millichap j***@marcusmillichap.com Show Phone

Listed by Jimmy Castellanos · License #02024152 Show Phone

Source Compass

Added: Feb 9 Checked: Jul 17 at 4:02 am

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Investment Insights

Based on property information with market context.

The property at 1555 Washington Street in Santa Clara, California, is a six-unit, single-story multifamily building. Five of the units were built in 1953, and a 600-square-foot accessory dwelling unit (ADU) was added in 2023. Each unit features a one-bedroom, one-bathroom layout. The total estimated rentable area is approximately 2,690 square feet, and the buyer should verify this measurement. All units include in-unit washers and dryers. The property is situated on an 8,037-square-foot lot and has a cap rate of 5.95%. The main electrical panel was updated in 2023.

Key Highlights

• Strong in‑place cap rate of 5.95%
• Recently built (2023) 600‑square‑foot ADU
• In‑unit washers and dryers in all units

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FAQs

What type of property is this?

Apartment building - Six-unit multifamily property with strong cap rate in Santa Clara.

Where is this apartment building located?

The property is located at 1555 Washington Street Santa Clara, CA.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: Strong in‑place cap rate of 5.95%; Recently built (2023) **600‑square‑foot ADU**; **In‑unit washers and dryers in all units**