Multifamily Property Near Santa Clara
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
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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.