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Multifamily Property Near Santa Clara University

1555 Washington Street Santa Clara, CA 95050

1555 Washington Street, Santa Clara, CA, 95050
$2,050,000
For Sale
$2,050,000

Six-unit multifamily property with strong cap rate and recent upgrades.

Property Size2,585 SF
Price / SF$793.04
Days on Market395

Property Features for 1555 Washington Street

General Information

Standard status
Active
Size
2,585 SF

Building Details

Year Built
1953
Listing Agency MARCUS & MILLICHAP
Listed by JIMMY CASTELLANOS
Source Corcoran
Added: Jun 19, 2025 Checked: Jul 14 at 2:12 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MARCUS & MILLICHAP


Investment Insights

Based on property information with market context.

Located in Santa Clara, California, 1555 Washington Street is a well-maintained six-unit single-story multifamily property. Five of the units were constructed in 1953, and a 600-square-foot ADU was added in 2023. Each unit features a one-bedroom, one-bathroom floor plan. The estimated rentable area is approximately 2,690 square feet, situated on an 8,037-square-foot lot. The property delivers a cap rate of 5.39%. All electrical systems were fully upgraded in 2023. The property is located minutes from Santa Clara University, NVIDIA, San Jose International Airport, and other major employment hubs. It offers convenient access to El Camino Real, providing connectivity throughout Santa Clara and neighboring San Mateo County. Washers and dryers are included in every unit.

Key Highlights

  • Strong in‑place cap rate of 5.39%.
  • Washers and Dryers in every unit.
  • New 600‑square‑foot ADU built in 2023.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist Veterinary Clinic Fish Market Clothing & Fashion Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Six-unit multifamily property with strong cap rate and recent upgrades.
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 $2,050,000.
What are key features of this property?
This property features: Strong in‑place cap rate of 5.39%.; Washers and Dryers in every unit.; New 600‑square‑foot ADU built in 2023.
Contact an agent
More about this property
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